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'Candy Crush' game maker seeks to price US IPO at $21-$24/share

REUTERS
Published Mar 12, 2014, 9:59 pm IST
Updated Apr 8, 2019, 6:00 pm IST
King Digital Entertainment also stated that it will offer 15.5 million shares in the offering

King Digital Entertainment Plc, the maker of 'Candy Crush Saga', said that  it expects to price its US initial public offering of 22.2 million shares at between $21 and $24 per share.

King, founded in Sweden in 2003, will have an equity valuation of $7.56 billion at the top end of the price range.

 

In the filing of U.S. Securities and Exchange Commission, the company also stated that it will offer 15.5 million shares in the offering, on Wednesday.

 

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