{"id":642481,"date":"2017-08-15T03:46:40","date_gmt":"2017-08-15T03:46:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/15\/angry-birds-set-for-potential-usd-2-bn-ipo-will-it-fly\/"},"modified":"2017-08-15T03:46:40","modified_gmt":"2017-08-15T03:46:40","slug":"angry-birds-set-for-potential-usd-2-bn-ipo-will-it-fly","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/15\/angry-birds-set-for-potential-usd-2-bn-ipo-will-it-fly\/","title":{"rendered":"Angry birds set for potential USD 2 bn IPO \u2014 will it fly?"},"content":{"rendered":"<p><strong>IPO WATCH- Angry birds is set for potential USD 2 bn IPO \u2014 will it fly?<\/strong> Rovio Entertainment, makers of Angry Birds, is looking to IPO soon and could see a valuation of USD 2 bn, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-08-13\/angry-bird-maker-rovio-is-said-to-plan-ipo-at-2-billion-value\">Bloomberg reports<\/a>. The Finnish firm could raise roughly USD 400 mn from a local market listing, but details so far are scarce. While tech and software firms have been the toast of markets, mobile gaming is a different animal: Most find success difficult to replicate, and the sector averages 18% off IPO prices for those who have ventured there. Rovio could prove different as they have had success with the Angry Birds movie and could use proceeds for a sequel. We aren\u2019t excited about this one \u2014 a firm with an IPO of that size needs many more cards in its deck if it has legs to go.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IPO WATCH- Angry birds is set for potential USD 2 bn IPO \u2014 will it fly? Rovio Entertainment, makers of Angry Birds, is looking to IPO soon and could see a valuation of USD 2 bn, Bloomberg reports. The Finnish firm could raise roughly USD 400 mn from a local market listing, but details so [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642481","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"17820955-88f0-4e78-bfa5-47fded61269b","order":"0","is_powered_by":true,"section_story_id":"27b5866c-9679-443f-95cf-c0420ec93f25","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642462],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Angry birds set for potential USD 2 bn IPO \u2014 will it fly? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/15\/angry-birds-set-for-potential-usd-2-bn-ipo-will-it-fly\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Angry birds set for potential USD 2 bn IPO \u2014 will it fly?\" \/>\n<meta property=\"og:description\" content=\"IPO WATCH- Angry birds is set for potential USD 2 bn IPO \u2014 will it fly? Rovio Entertainment, makers of Angry Birds, is looking to IPO soon and could see a valuation of USD 2 bn, Bloomberg reports. The Finnish firm could raise roughly USD 400 mn from a local market listing, but details so [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/15\/angry-birds-set-for-potential-usd-2-bn-ipo-will-it-fly\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-15T03:46:40+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/15\/angry-birds-set-for-potential-usd-2-bn-ipo-will-it-fly\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/15\/angry-birds-set-for-potential-usd-2-bn-ipo-will-it-fly\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Angry birds set for potential USD 2 bn IPO \u2014 will it fly?\",\"datePublished\":\"2017-08-15T03:46:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/15\/angry-birds-set-for-potential-usd-2-bn-ipo-will-it-fly\/\"},\"wordCount\":150,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/15\/angry-birds-set-for-potential-usd-2-bn-ipo-will-it-fly\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/15\/angry-birds-set-for-potential-usd-2-bn-ipo-will-it-fly\/\",\"name\":\"Angry birds set for potential USD 2 bn IPO \u2014 will it fly? 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Rovio Entertainment, makers of Angry Birds, is looking to IPO soon and could see a valuation of USD 2 bn, Bloomberg reports. 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The Riyadh-based bourse plans to sell a 30% stake (equivalent to 36 mn shares), setting an indicative price range of SAR\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577783,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/05\/aramcos-base-oils-subsidiary-could-raise-up-to-usd-1-3-bn-in-its-ipo-in-riyadh\/","url_meta":{"origin":642481,"position":2},"title":"Aramco\u2019s base oils subsidiary could raise up to USD 1.3 bn in its IPO in Riyadh","author":"enterpriseam admin","date":"5 December 2022","format":false,"excerpt":"Aramco subsidiary could raise as much as USD 1.3 bn in its IPO: Saudi Aramco refining subsidiary Luberef commenced bookbuilding for its debut on the Saudi stock exchange at a price range of SAR 91-99 (USD 24.21-26.34) per share yesterday, the company said in a statement (pdf). Luberef will offer\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/73.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628190,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/acwa-looking-to-ipo-sooner-rather-than-later\/","url_meta":{"origin":642481,"position":3},"title":"ACWA looking to IPO \u201csooner rather than later\u201d","author":"enterpriseam admin","date":"27 June 2018","format":false,"excerpt":"ACWA considers IPO \u201csooner rather than later\u201d: As talk of the anticipated Aramco IPO fades in the media, the focus is back on power plant developer ACWA. 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