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Angry Birds’ Owner Rovio Up for Profitable Offers

  • Posted on January 22, 2023
  • News
  • By Akta Yadav
  • 262 Views
2023/01/IMG-20230122-WA0007.jpg
Angry Birds:-
Playtika’s Offer to Rovio The insanely popular game Angry Birds is a product of a Finland- based developer, Rovio. Recently, Rovio has been offered to be taken over by Playtika, a US-based gaming company. The deal was first offered at 683 million euros. An alternative offer amounting to 9.05 euros for every share was also made. This offer surpassed the valuation of the previous share price for Rovio which was 8.5 euros. It is expected that the improved bid price for taking over Rovio, the owner of  would go up to a level where it would be 1.5 times the revenue expected to be raised by Rovio’s 2023 sales.   Angry Birds Brighter Future Prospects for Angry Birds Owner With increased privacy features in iPhones, it is expected that games like Angry Birds which have remained in the market for a long time will have a higher valuation. This is because it would be difficult for new games to expose users to ads and Angry Birds being a predominantly popular game for a long time would surely have the upper hand for display of ads. Rovio’s Take on The Offer Even though the offer by Playtika has raised the Angry Birds owner’s share price to a new level, the  owner does not seem very convinced. Rovio has refrained from commenting upon the merits of the offer and said that it would think about the offer. Rovio has also tried to diversify the factors upon which its share price is dependent by introducing new games specially targeted for this achievement, however, the shares prices of Rovio have always been dependent on the performance of Angry Birds heavily owing to  popularity. Angry Birds For more updates keep visiting our website www.topstoriesworld.com where we provide unbiased, true and top stories of the world.
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