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Tag: supercell
Tencent in talks with co-investors for Supercell Oy
2016-07-05 16:57:00| Telecompaper Headlines
(Telecompaper) Tencent want others to come and help fund its USD 8.6 billion acquisition of Supercell Oy, the Wall Street Journal reported, citing sources familiar with the matter. Talks are ongoing with a number of investors, as a consortium, including China's sovereign-wealth fund China Investment, the Canada Pension Plan Investment Board and Hillhouse Capital Group. Tencent is looking to buy an 84.3 percent stake in the developer of the 'Clash of Clans' game from SoftBank and the startup's current and former employees. None of the parties were available or wished to comment. Tencent only confirmed it was in the process of talking to potential co-investors "in the consortium who are interested in participating in the long-term success of Supercell." Tencent is still in the process of shortlisting participants in the consortium, and the list of potential co-investors could change, the people said.
Tags: talks
oy
supercell
tencent
Tencent confirms deal to buy Supercell from Softbank
2016-06-21 13:09:00| Telecompaper Headlines
(Telecompaper) Chinese internet company Tencent has confirmed an agreement to buy Supercell, the developer of the game 'Clash of Clans', in a deal valuing the Finnish company at USD 10.2 billion. Tencent is the majority shareholder of a consortium of investors buying 84 percent of Supercell; the company did not say how much it will contribute to the purchase price. Supercell's employees will continue to own the rest of the company, and Tencent said it will continue to encourage a strong employee involvement through share incentives. In future employees will be able to sell shares from vested options to Tencent on an annual basis.
Tags: buy
deal
confirms
softbank
Supercell: Europes supercharged games success
2013-10-15 17:57:52| BBC News | Business | UK Edition
Clash of Clans games developer Supercell's $1.5bn deal
Tags: games
success
supercharged
europes
Softbank buys stake in Finnish games developer Supercell
2013-10-15 11:24:00| Telecompaper Headlines
(Telecompaper) Finnish games developer Supercell has agreed to sell a 51 percent stake in the company to Japan's Softbank and GungHo Online Entertainment, another games developer, for a total USD 1.5 billion. GungHo, which already works with Supercell on some platforms, will put up 20 percent of the investment. Supercell CEO Ilkka Paananen said the company holding the controlling stake will be based in Finland. The investment from Softbank is expected to accelerate the global growth of the maker of 'Clash of Clans'. Started in 2010, Supercell focuses on games for tablets and has already raised over USD 100 million in financing from private firms such as Index Ventures, Accell Partners, Atomico and Initial Capital.
Tags: games
developer
finnish
buys
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