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Playtika Prices IPO at $27

By Ross Matican
· · Source: The Information

Playtika, a publisher of free mobile games, priced its initial public offering at $27 per share, it said Thursday evening. That means the company raised about $1.9 billion and could be valued at $11.1 billion in the public markets. Playtika’s IPO pricing, which is higher than the range it marketed, could indicate the firm’s bankers are optimistic the stock will jump when it opens Friday. It’s...

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