SEGA to Acquire Rovio
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News/SEGA to Acquire Rovio
Business Mergers and Acquisitions
10 August 2023 13:56
SEGA will complete the acquisition of Rovio soon. Rovio officials stated "Today, the final results of the offer have been released. In total, Rovio shareholders have tendered 73,397,174 shares, which amounts to 96.3% of all issued and outstanding Shares and votes in Rovio. With the 90% threshold having been met, and having acquired the necessary regulatory approvals, this means that Rovio will become a member of the Sega Family upon completion of the offer, which is estimated to take place on August 17th. Sega Europe is commencing a “Subsequent Offer Period” to provide those shareholders of Rovio who have not yet accepted the offer with a further possibility to accept the offer. This will take place August 11-25."
<a href=https://twitter.com/Rovio/status/1689609792694718464></a>
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Business Mergers and Acquisitions
10 August 2023 13:56
SEGA will complete the acquisition of Rovio soon. Rovio officials stated "Today, the final results of the offer have been released. In total, Rovio shareholders have tendered 73,397,174 shares, which amounts to 96.3% of all issued and outstanding Shares and votes in Rovio. With the 90% threshold having been met, and having acquired the necessary regulatory approvals, this means that Rovio will become a member of the Sega Family upon completion of the offer, which is estimated to take place on August 17th. Sega Europe is commencing a “Subsequent Offer Period” to provide those shareholders of Rovio who have not yet accepted the offer with a further possibility to accept the offer. This will take place August 11-25."
<a href=https://twitter.com/Rovio/status/1689609792694718464></a>
Sega of America is facing a lawsuit from Johnny Gioeli, the lead vocalist of the rock band Crush 40, over...
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Feb 09, 2024
According to recent reports, SEGA of America is laying off 61 employees. The remaining employees of the company stated that...
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Jan 31, 2024
Following its acquisition by Sega, Rovio has shut down Studio Lumi. According to reports, 16 employees have...
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Dec 08, 2023
Sega of America is facing accusations of seeking to terminate employees in response to their unionization. The Communications Workers of...
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