Tencent Holdings $9.8 billion secondary share offer

28/3/2018

Share offer

Value:

$ 9.8 billion

Status:

Announced

Date:

28/3/2018

Overview:

Tencent Holdings has offered $9.8 billion in shares in a secondary offering.
The shares were listed on the Hong Kong Stock Exchange.
Tencent is an investment holding company involved in the provision of social media products Weixin and QQ.

Jurisdiction:

United Kingdom

Deal type:

Share offer

Practice area:

Capital markets : Equity

Industry sector:

Gaming

Firm:

Davis Polk & Wardwell

Party: Merrill Lynch International (Placing agent)

Party: Citigroup Global Markets (Placing agent)

Party: Morgan Stanley (Placing agent)

Lawyer: Reuven Young

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