financetom
Business
financetom
/
Business
/
Games Global targets up to $2.1 bln valuation in US IPO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Games Global targets up to $2.1 bln valuation in US IPO
May 2, 2024 3:03 PM

May 2 (Reuters) - Games Global, the UK-based maker of

online casino-styled games, said on Thursday it was targeting up

to $2.13 billion in valuation in its initial public offering in

the United States.

The U.S. IPO market is on a rebound in 2024 after a two-year

dry spell amid firming hopes of a soft landing for the economy.

The company said that along with a selling shareholder, it

was looking to raise as much as $275.5 million through the sale

of 14.5 million shares at a price of $16 to $19 per share.

Games Global is offering nearly 6 million shares in the

IPO, while its shareholder is selling 8.5 million shares.

Founded in 2021, the firm develops and distributes

casino-style gaming content and offers over 1,300 exclusive

games.

Games Global will list on the New York Stock Exchange

under the symbol "GGL".

J.P.Morgan Securities, Jefferies, Macquarie Capital,

Barclays Capital and BTIG are among the underwriters for the

IPO.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fullstory acquires Usetiful, turning digital insights into decisive actions
Fullstory acquires Usetiful, turning digital insights into decisive actions
Nov 3, 2025
ATLANTA, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Fullstory, a leading behavioral data company, today announced its acquisition of Usetiful, a top-rated digital adoption platform best known for deploying guides and surveys in applications. The acquisition extends Fullstory’s capabilities into the real-time delivery of personalized experiences that drive business outcomes, including greater feature adoption, higher user engagement, and improved conversion rates....
Tompkins Financial Corporation Announces Sale of Tompkins Insurance Agencies, Inc. to Arthur J. Gallagher & Co.
Tompkins Financial Corporation Announces Sale of Tompkins Insurance Agencies, Inc. to Arthur J. Gallagher & Co.
Nov 3, 2025
ITHACA, N.Y.--(BUSINESS WIRE)-- Tompkins Financial Corporation ( TMP ) Tompkins Financial Corporation ( TMP ) (Tompkins or the Company) announced today that it has closed on the sale of its wholly owned subsidiary, Tompkins Insurance Agencies, Inc. (“TIA”) to Arthur J. Gallagher & Co. ( AJG ) (“Gallagher”) for approximately $223 million in cash, subject to customary purchase price adjustments....
Simon® Acquires Remaining Interest in Taubman Realty Group
Simon® Acquires Remaining Interest in Taubman Realty Group
Nov 3, 2025
INDIANAPOLIS, Nov. 3, 2025 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced that it has closed on the acquisition of the remaining 12% interest in The Taubman Realty Group Limited Partnership (TRG) which it did not own in exchange for 5.06 million limited partnership units in Simon...
Marsh McLennan’s Mercer Acquires Hexarem
Marsh McLennan’s Mercer Acquires Hexarem
Nov 3, 2025
TORONTO--(BUSINESS WIRE)-- Mercer, a business of Marsh McLennan ( MMC ) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, today announced that it has acquired Hexarem, a boutique Canadian human resources consulting firm specializing in executive compensation and governance advisory services. Terms of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved