After Zynga, ‘Candy Crush Saga’ Maker King Readying IPO

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Mani
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The makers of ‘Candy Crush Saga’, popularly called King, have reportedly hired banks to pursue its U.S. initial public offering, according to The Wall Street Journal. London based company, Midasplayer International Holding Co., a.k.a. King.com, the publisher behind mobile and online games including the blockbuster ‘Candy Crush Saga’, has tapped JP Morgan Chase & Co (NYSE:JPM), Credit Suisse Group AG (VTX: CSGN) and Bank of America Corp (NYSE:BAC) to handle the IPO. However, key details like pricing and timing of the initial public offering have not been determined. King’s spokesman, however, confirmed that the prospects of the mobile gaming giants…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports