AVIC Capital, CITIC Capital Joins Tencent In Supercell Acquisition

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. […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Read the original article: China Money Network