Ten­cent ac­quires Fin­nish game-maker

China Daily (Canada) - - NEWS CAPSULE -

A Ten­cent-led con­sor­tium is buy­ing con­trol of Su­per­cell in a deal that val­ues the lead­ing Fin­nish game de­vel­oper at about $10.2 bil­lion.

Ten­cent and its part­ners will pay $8.6 bil­lion to ac­quire up to 84 per­cent of Su­per­cell, mostly from SoftBank Group Corp, which aims to use the pro­ceeds from the deal to cut debt.

Su­per­cell, de­vel­oper of the hit ti­tle Clash of Clans, has topped the list of App An­nie’s Top 52 pub­lish­ers for 2014 and 2015 and is one of the most prof­itable game de­vel­op­ers in the world.

The Helsinki-based game de­vel­oper said in March that it posted a profit of $930 mil­lion on rev­enues of $2.3 bil­lion in 2015.

It also claimed ac­tive daily users to­tal­ing 100 mil­lion around the world.

Su­per­cell will re­tain its in­de­pen­dent op­er­a­tions; the head­quar­ters will re­main in Helsinki.

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