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Angry Birds IPO in late 2013 says Finnish app maker

 
Published on Aug 02, 2012
8:19 PM
Angry Birds toys are displayed during a news conference in Hong Kong on July 3, 2012. Rovio, the Finnish makers of the world's most-downloaded mobile app Angry Birds, will seek a stock market listing by the end of 2013, chief financial officer Mikko Setala said in an interview published on Thursday. -- PHOTO: REUTERS

STOCKHOLM (AFP) - Rovio, the Finnish makers of the world's most-downloaded mobile app Angry Birds, will seek a stock market listing by the end of 2013, chief financial officer Mikko Setala said in an interview published on Thursday.

"We have prepared a stock market entry for 2013. But the shareholders have not decided when or whether it would even happen," Mr Setala told Swedish economic newspaper Dagens Industrii.

"If we go to the stock market, it would most likely be in the second half of next year. We do not need to raise any more funds at the moment," he said.

Founded in 2003, Rovio had first mentioned its public listing plans in 2011, citing New York and Hong Kong as possible exchanges for the IPO.

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