tiprankstipranks
Tencent boosts Remedy Entertainment stake to 14.8%, VGC reports
The Fly

Tencent boosts Remedy Entertainment stake to 14.8%, VGC reports

Tencent, the globe’s biggest video game publisher, now owns over 2M shares in “Alan Wake” and “Max Payne” maker Remedy Entertainment, representing 14.8% of the Finnish company’s shares and voting rights, VideoGamesChronicle’s Tom Ivan reports. The Chinese gaming giant originally purchased 3.8% of Remedy in May 2021, and had boosted its interest to 5.01% as of November 2022, the author notes.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles