Market Overview

Tencent Acquires Minority Stake In Epic Games

Related TCEHY
Social Media ETFs Are Quietly Outperforming
The Chinese Smart Car Market Is Heating Up
Alibaba: Building The Ecosystem One Piece At A Time (Seeking Alpha)

China's Tencent Holdings Ltd (OTC: TCEHY) agreed to buy a minority stake in Epic Games Inc.

The deal is likely to close within one month. Financial terms of the transaction weren't disclosed.

Tencent shares closed at $30.72 yesterday.

Posted-In: merger and acquisitionNews M&A


Related Articles (TCEHY)

Around the Web, We're Loving...