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Angry Birds maker Rovio plans IPO to fly higher

Finnish company aims to raise 30m euros to help it make acquisitions; it's also planning a movie sequel

Rovio's business slowed after the 2009 launch of the original Angry Birds, but a 3D movie release in 2016 provided a window of opportunity, reviving the brand and giving a new boost to game sales.


THE maker of hit mobile phone game Angry Birds is planning an initial public offering to raise around 30 million euros (S$48.3 million) and potentially use its shares to make acquisitions.

Finland's Rovio Entertainment Ltd said on Tuesday that existing shareholders, which...

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