Playtika Holding Corp on Thursday sweetened its offer for Finnish game maker Rovio, best known for its"Angry Birds" franchise, to €683 million , as a consolidation in the industry gathers pace.
Espoo, Finland-based Rovio declined to comment. Its shares ended 2.5 per cent lower at US$5.67 in trading on the Finnish bourse before the offer was made public, while Playtika fell 2.6 per cent in US trading. The game maker is also caught in a broader industry slowdown, especially in the mobile market, after two years of pandemic-driven boom.
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