TOKYO (Reuters) -Japan's Sega Sammy Holdings Inc said on Monday it planned to acquire Finland's Rovio Entertainment Oyj for 706 million euros ($776 million) to bolster its mobile gaming business, sending Rovio shares soaring. Sega
TOKYO - Japan's Sega Sammy Holdings Inc said on Monday (April 17) it planned to acquire Finland's Rovio Entertainment Oyj for 706 million euros (S$1 billion) to spur its growth in the fast-expanding global mobile gaming market. Sega Sammy will offer 9.25 euros for each share of the company behind the mobile game Angry Birds, a 19 per cent premium.
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Japan's Sega Sammy Holdings Inc said on Monday it planned to acquire Finland's Rovio Entertainment Oyj for €706 million ($776 million) to bolster its mobile gaming business, sending Rovio shares soaring. Sega Sammy will offer €9.25 for each share of the company behind the mobile game Angry Birds, a 19 per cent premium over Friday's closing price, in its tender offer bid set to