The creators of Worms have confirmed their entry into the stock exchange
The British game publisher Team17 has announced preparations to enter the London Stock Exchange this month. According to the preliminary assessment of the company itself, its market value of the company will be from £200 to £230 million.
Team17 will place its securities in the AIM section, designed for small and developing enterprises.
The company said that going public would give Team17 “a foundation for further growth.” The money raised through the IPO will allow hiring new employees and increasing the international fame of the publishing label. In addition, Team17 thought about the possible expansion of the business through the purchase of other companies.
Recall that for the first time the preparation of Team17 to enter the stock market was reported by The Times at the end of March this year.
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