The first $10bn technology company from Europe is Finland’s Supercell, following a buyout from Tencent
Finland’s Supercell has become Europe’s first ever “decacorn” – that’s a technology company worth $10bn – after a buyout from Chinese internet leviathan Tencent.
The deal will see Tencent and its partners secure an 84.3% stake in Supercell, best known for its Clash of Clans mobile game, paying $8.6bn (£5.78bn) for the pleasure. That values the overall company at $10.2bn, the first European technology startup to break that barrier.
Continue reading...from Mergers and acquisitions | The Guardian http://ift.tt/28Rfhlj
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