GAMES: Tencent Attempts to Lure Asset Owners
On June 21, 2016, Shenzhen-based Tencent Holdings Limited, China’s largest online gaming and social networking company, signed a definitive agreement to acquire up to an 84.3% stake in Supercell Oy, the maker of mobile game “Clash of Clans” for US$ 8.6 billion. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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