Candy Crush-Maker King Digital Aims For $7.6 Billion Valuation
King Digital Entertainment PLC, best known for Candy Crush Saga, has released more details about its upcoming IPO, setting a price range of $21 - $24 on 22 million shares (underwriters will have the option to buy an additional 3 million shares). King estimates that it earn $326 million from the IPO (using $22.5 for its estimate), and with 315 million shares outstanding the $24 maximum price would set the company’s valuation at $7.6 billion.
Unlike many companies in the mobile space, King Digital is . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible