13 Mar '14, 9am

Seeks Up to a $7.6 Billion Valuation

King Digital Entertainment PLC, maker of the wildly popular “Candy Crush Saga” game, is targeting a market value of $7.6 billion for its initial public offering set for later this month, a price that would put it in the same league as the world’s leading videogame makers. The Anglo-Swedish company is planning to offer 22.2 million shares, including 6.7 million shares from top executives and pre-IPO investors, at a price range of between $21 and $24 a share, according to a regulatory filing. That would raise as much as $533 million in proceeds. One thing King has in its favor over both Zynga and its older rivals, Mr. Baggini said, was that it is already heavily focused on developing games for iPhones and Android devices, for which it has three games among the top five highest-grossing in terms of revenue in the U.S., according to AppAnnie, which tracks app downloads. “That ...

Full article: http://www.thedomains.com/2014/03/13/king-com-seeks-up-to...

Tweets

Insights on the changes to HDB valuation

Insights on the changes to HDB valuation

stproperty.sg 15 Mar '14, 3am

Such a move has the potential to moderate price growth or drops in the property market. The previous focus on cash-over or...

Reykjavik to Start Drilling on $2 Billion Ethio...

renewableenergyworld.com 12 Mar '14, 1pm

Ethiopia’s government signed a deal with the Reykjavik- based company in October to build a power plant on an imploded vol...

Desktop Advertising to Drop $1.4 billion in 201...

thedomains.com 14 Mar '14, 6am

a report today that estimates desktop advertising to drop by $1.4 billion while mobile search will increase over 82 % in 2...

BIN Priced Domains On Frank Schilling DomainNam...

thedomains.com 14 Mar '14, 7pm

Frank Schilling’s BIN Priced Domains On DomainNameSales Total Over $3 Billion 2014 March 14 by Michael Berkens Follow @The...

Alstom seeks to improve and expand offshore win...

renewableenergyfocus.com 12 Mar '14, 6pm

Alstom's partnership with Freyssinet aims to develop a 119-metre concrete tower specifically designed for its ECO122 wind ...

Elephant Escapes Poachers Twice, Seeks Out Treatment

Elephant Escapes Poachers Twice, Seeks Out Trea...

care2.com 13 Mar '14, 5pm

In the sprawling expanse of Kenya’s Tsavo East National Park, an elephant named Mshale has been fighting for his life. Aft...

Green News: Maine Utility Seeks Surcharge for R...

greenbuildingadvisor.com 14 Mar '14, 9am

Maine's largest electric utility is seeking permission from state regulators to impose a new “standby” rate that would add...

Temasek offers to buy Singapore's Olam, values firm at $4.3 billion

Temasek offers to buy Singapore's Olam, values ...

reuters.com 14 Mar '14, 1am

SINGAPORE (Reuters) - Singapore state investor Temasek Holdings TEM.UL has offered to buy all shares in Olam (OLAM.SI ) ow...

Desktop Ad Spend Forecast to Plummet $1.4 Billion in 2014

Desktop Ad Spend Forecast to Plummet $1.4 Billi...

searchenginewatch.com 14 Mar '14, 7pm

EMarketer forecasts ad spend on the desktop to decline $1.4 billion this year. This, due to new data emerging from eMarket...