King IPO values firm at £4.6bn

Aaron Lee
King IPO values firm at £4.6bn

Candy Crush Saga studio King is pushing to generate $530m (£319m) in an initial public offering that would see the British game maker valued at up to $7.6bn (£4.6bn).

15.5m shares for in the company will be made available for between $21 and $24 a piece when King floats on the New York Stock Exchange at an unspecified date.

King filed for an IPO on the NYSE in February, initially expecting to make as much as $500m.

Develop has more details.

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Tags: ipo , valuation , value , king , candy crush saga , initial public offering

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