News Briefs

KKR-backed Applovin targets $2.13bn for IPO: Reuters

Mobile gaming firm Applovin, which is backed by KKR, is looking to raise as much as $2.13 billion for its IPO by selling 25 million shares at a price range of $75 to $85 per share, reported Reuters.

-

Mobile gaming firm Applovin, which is backed by KKR, is looking to raise as much as $2.13 billion for its IPO by selling 25 million shares at a price range of $75 to $85 per share, reported Reuters. Morgan Stanley, J.P. Morgan, KKR, BofA Securities and Citigroup are the lead underwriters for the offering.

Source: Reuters