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.

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

Develop has more details.

About MCV Staff

Check Also

007 [Industry news] 007 First Light Reaches 1.5 Million Units Sold in First 24 Hours

[Industry news] 007 First Light Reaches 1.5 Million Units Sold in First 24 Hours

IO Interactive, the independent video game developer and publisher behind the HITMAN franchise, and Amazon MGM Studios are thrilled to announce that 007 First Light, has reached 1.5 million units sold within the first 24 hours, making it the fastest-selling title in IO Interactive's history. 007 First Light is available now on PlayStation®5, Xbox Series X|S, on Amazon.com, on PC, on Steam and Epic Games Store, as well as at key retailers.