Tencent Seals $8.6 Billion Deal to Buy 84.3% Stake in Supercell

Chinese giant Tencent has secured an $8.6 Billion deal to purchase 84.3% stake in the makers of popular games like Clash of Clans, Boom Beach and Clash Royale, from Japanese giant SoftBank. The deal values Finland-based Supercell at $10.2 Billion. Tencent also mentioned that Supercell’s current management would maintain their operational independence.

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