China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
AVIC Capital, CITIC Capital Joins Tencent In Supercell Acquisition
Aggregated Source: China Money Network
gamesChinese state-owned investment firms AVIC Capital and CITIC Capital have joined other private equity investors to commit US$850 million toward Tencent Holdings Ltd's acquisition of Finnish game developer Supercell. China's CITIC Bank Corp and Chinese bad debt manager China Cinda Asset Management also joined the consortium formed by Tencent for the purpose of the deal. […]


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