SUBSCRIBERS

Tencent buys Clash of Clans maker Supercell for US$8.6b

Published Tue, Jun 21, 2016 · 09:50 PM

Beijing

CHINA'S biggest gaming group Tencent Holdings Ltd is to buy a majority stake in Finland's Supercell, which makes the Clash of Clans mobile game, from SoftBank Group Corp, in a deal valued at roughly US$8.6 billion.

The purchase will expand Ten-cent's interests overseas, as the Chinese video game and social network group still relies mainly on its home market even …

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here