Finnish game company Supercell Co-Founder and CEO Ilkka Paananen and Martin Lau, President of Tencent, pose for a picture during a press conference in the company's headquarters in Helsinki, Finland on June 21, 2015. Chinese Internet giant Tencent announced it had agreed to buy Finnish game-maker Supercell Oy from Japanese mobile giant SoftBank for $8.6 billion. / AFP PHOTO / Lehtikuva / Seppo Samuli / Finland OUT
BEIJING/HELSINKI/TOKYO: China's biggest gaming group Tencent Holdings Ltd is to buy a majority stake in Clash of Clans mobile game maker Supercell from SoftBank Group Corp in a deal valued at roughly US$8.6bil (RM34.34bil).
The purchase will expand Tencent's interests overseas, as the Chinese videogame and social network group still relies mainly on its home market even though it has stakes in various foreign studios like Epic Games and Riot Games.
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