King Digital Entertainment Plc, maker of the “Candy Crush” smartphone game, suffered the biggest decline of a newly listed U.S. company in over four months even after it priced its shares at a discount to its major peers.
Hours after Malaysian Air Flight 370 vanished on March 8, Inmarsat Plc assembled a team of engineers thousands of miles away at London headquarters for a marathon data-crunching session to help find the missing jet.
Buyout firm Apax Partners LLP stands to score a 10,000 percent gain on its 2005 investment in King Digital Entertainment Plc as the maker of smartphone game “Candy Crush Saga” prepares its initial public offering.
King Digital Entertainment Plc, maker of the popular smartphone game “Candy Crush Saga,” is offering shares in its initial public offering at a price that values the whole company at as much as $7.6 billion.
Hellas Telecommunications (Luxembourg) II SCA’s liquidators sued TPG Capital Management LP and Apax Partners LLP for more than $1.3 billion, saying the private-equity firms left the wireless company insolvent.