
SoftBank exits Finland's Supercell to Tencent in $10.2b deal
Tencent Holdings has agreed to buy a majority stake in Finland-based mobile game developer Supercell, allowing SoftBank to exit its entire holding in the company in a deal valuing it at $10.2 billion.
The Chinese online giant will lead a consortium to acquire up to 84% of the company, according to a release. Other participants in the consortium have not been identified. The remaining shares of the company...
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