Tencent $8.6 billion acquisition of majority stake in Supercell

Overview:

• Tecent Holdings has agreed to purchase the 84% stake Japanese group SoftBank holds in Finnish gaming company Supercell for $8.6 billion.
• The deal is one of the largest ever in the gaming industry.
• Supercell was advised on the deal by Fenwick & West (Mark Stevens, Gregory Roussel, Shawn Lampron, Mark Ostrau, David Forst, Stephen Gillespie) and White & Case (Janko Lindros, Petri Haussila, Tanja Törnkvist, Timo Airisto, James Killick, Vivian Tsoi, David Li, Ben Wilkinson).
• Tencent was advised by Covington & Burling (Scott Anthony, Keir Gumbs, Peter Schwartz, James O'Connell) and Slaughter and May (Peter Brien, Peter Lake, Miranda Leung).
• SoftBank was advised by Morrison & Foerster (Kenneth Siegel, Eric McCrath, Lauren Bellerjeau, Ivan Smallwood, Tom McQuail, Jeff Jaeckel) and Hannes Snellman (Tuire Kuronen, Markus Bremer, Mikael Wahlbeck).

Jon Moore - Journalist - EMEA