Gaming companies continue to enter the stock market. The next in line is the developer of social casinos Playtika. In its press release, the company announced the launch of the IPO procedure.
According to the developer, Playtika sent documents to the U.S. Securities and Exchange Commission last weekend. But neither the number of shares to be placed nor their value are yet known. Also, the company does not disclose expectations about the size of future capitalization.
Playtika was founded in 2010. A year later, the developer was acquired by the American Caesars Entertainment Corporation for $ 80-90 million. In 2016, it was outbid by a group of five Chinese companies for $4.4 billion. Playtika itself is also regularly expanding due to purchases from other studios. One of the latest deals was the takeover of the Finnish Seriously in the middle of last year.
Also on the topic:
- Playtika will take all employees and their families from Belarus to TurkeyPlaytika will feed residents of Israel and Eastern Europe who are staying at home because of the coronavirus
- Playtika acquired the authors of Best Fiends — Finnish Seriously
- Is there any news?
Share it with us, write to press@app2top.ru