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Tencent set to become the largest Shareholder in Funcom

From GameWatcher: "Tencent is now gearing up to acquire a substantial amount of shares in Funcom, the developer of Conan Exiles, The Secret World, and Mutant Year Zero, among others. The shares in question make for 29% of Funcom, and they're being traded by the Norwegian KGJ Capital AS.

This will effectively make Tencent the majority shareholder in Funcom; a deal that both companies seem to be looking forward to, with Funcom describing Tencent as "a responsible long-term investor."

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428d ago