Candy Crush maker King seeks to price U.S. IPO at $21-$24/share

March 12 Wed Mar 12, 2014 6:24am EDT

March 12 (Reuters) - King Digital Entertainment Plc, best known for the hit mobile phone game Candy Crush Saga, said it expects to price its U.S. initial public offering of 22.2 million shares at between $21 and $24 per share.

King, founded in Sweden in 2003, will have an equity valuation of $7.56 billion at the top end of the price range.

The company will offer 15.5 million shares in the offering, with the rest being sold by selling stockholders, including Apax Ventures, King said in a filing with the U.S. Securities and Exchange Commission on Wednesday. ()

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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