Editor Candy

Editor Candy Crush valued at 7.08 billion dollars.

(Reuters) : King Digital Entertainment announced Tuesday that its IPO would be Wednesday at $ 22.50 per share , valuing the creator of the game "Candy Crush Saga " 7.08 billion.The price was in the middle of the indicative range varying from 21 to 24 dollars .At this price, the IPO of 22.2 million shares would be in the 500 million.

King, founded in 2003 in Sweden but based in Dublin, is expected to sell 15.5 million shares, the balance being provided by existing shareholders , including funds Apax Ventures.The latter , the main shareholder of King, has a 44.2 % at the end of the operation, if the underwriters fully exercise their options.Co-founder Riccardo Zacconi will share 9.5%.This is the USA 's largest IPO to date in an area of ​​mobile gaming by expanding anxious not experience the same disappointment that Zynga, the gaming company for social media that has lost half its value after an IPO seven billion in 2011.King, ex- King.com has avoided bankruptcy by a hair in 2003 and then began to regularly make a profit from 2005.

Rating : game,technology