Pursuits
‘Candy Crush’ Maker King Files IPO With Listing in New York
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King Digital Entertainment Plc., the maker of popular smartphone games including “Candy Crush Saga” and “Pet Rescue Saga,” is beginning an adventure of its own on a path to becoming a public company.
King, whose owners include Apax Partners LLP and venture capital firm Index Ventures, today filed to raise $500 million in an initial public offering in the U.S. -- a figure that’s a placeholder used to calculate fees and may change. Dublin-based King, which plans to use the funds for working capital and acquisitions, applied to list its shares on the New York Stock Exchange under the symbol KING.