Tuesday, May 10, 2011

Developers 'Angry Birds' Want to Offer Its shares

'Angry Birds' plans to do Innitial Public Offering (IPO) or, its first stock offering in three or four more years. This Finnish company, hoping in three years could become the world's leading entertainment brands.

Currently, the Rovio has opened new offices in China and will consider also established offices in Japan and the United States.

Rovio said Chief Marketing Officer, Peter Vesterbacka.
"Very likely we are listed on the stock market in three or four years. But we are not in a hurry,"

but he did not mention where the IPO would take place later.

"We can realize all our plans without the stock list. But the stock is still a way more meaningful than the other way, such premises to sell the company," he added.


Vesterbacka estimated sales value of Rovio in 2011 ranged between USD 69.85 - USD 139.7 million, up from 6.5 million the previous year.

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