Angry Birds maker Rovio and Playtika end talks


Takeover talks between Rovio Entertainment, the Finland-based video games company behind Angry Birds, and suitor Playtika, the Israeli group behind casino-style online games and shooting simulator 1V1.LOL, have ended without a deal.

“Preliminary discussions between Rovio and Playtika have now ended,” Playtika said on Tuesday without providing further details.

Rovio made a similar statement. “The board of directors of Rovio continues its strategic review, including preliminary non-binding discussions with certain other parties, in order to reach the best possible outcome for Rovio and its shareholders,” it also added.

“There can be no assurance that the strategic review and the preliminary non-binding discussions will result in any cash or other tender offer or any other transaction, or the pricing of any such possible transaction.”