Tencent to Acquire Majority Stake in Clash of Clans Developer Supercell

Chinese internet company Tencent announced that it will acquire a majority stake in Clash of Clans developer Supercell from SoftBank. The deal values Supercell at approximately $10.2 billion. The deal will see Tencent acquire up to 84 percent of Supercell. The remaining portion will be owned by Supercell’s employees.Read the full article