Deals
Tencent Said to Sign $3.5 Billion Supercell Acquisition Loan
- Firm is leading a $8.6 billion deal for control of Supercell
- Financing comes as Tencent expands content shopping spree
Inside Tencent's Global Investment Strategies
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Tencent Holdings Ltd. is signing a $3.5 billion loan to back its purchase of a majority stake in Supercell Oy from SoftBank Group Corp., people familiar with the matter said.
Asia’s biggest internet company has finished getting commitments from 23 banks, the people said, asking not to be identified because the details are private. Tencent is leading a $8.6 billion deal for control of Supercell, the Finnish maker of mobile games including Hay Day, Clash Royale and Boom Beach.