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Tuomas Forsell

Stories by Tuomas Forsell

IPOs & Markets

Angry Birds maker Rovio moves forward with $1b IPO

The preliminary price range of 10.25 euros to 11.50 euros per share announced on Friday would give Rovio a market value of 802 million to 896 million

World

Blackstone makes $2b offer for Finnish real estate firm Sponda

Sponda's board has recommended the firm accept Blackstone's offer.

Deals

Tencent-owned Supercell picks up majority stake in UK’s Space Ape game studio

Supercell acquired 62% stake in deal valuing Space Ape's total equity at $90m.

Deals

Chinese battery maker CATL buys stake in Finnish car supplier

Deals

China’s Thundersoft buys Finnish automotive firm for $67m

Deals

Path clear for Finland’s Konecranes as China’s Zoomlion drops $3.4b bid for Terex

China's Zoomlion Heavy Industry Science and Technology Co Ltd has abandoned its $3.4 billion bid for U.S. crane maker Terex Corp, clearing the way for

World

Microsoft to trim smartphone business, plans to cut 1,850 jobs

Microsoft Corp will trim down its smartphone business by cutting 1,850 jobs, most of them in Finland, and write down $950 million from the operation.

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