Tencent to Buy 29 Percent Stake in Games Developer Funcom

Tencent

Chinese gaming giant Tencent is taking a 29 percent stake in the Oslo-based company, Funcom. After this deal, Tencent will become the biggest shareholder in the company. Tencent is one of the biggest names in the online gaming industry. On Friday, Tencent bought the shares from KGJ Capital AS with a 21.8 percent premium at … Read more