China's Tencent will buy Clash of Clans developer Supercell for $8.6 billion

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China-based internet giant Tencent Holdings will join partners to pay $8.6 billion to purchase an 84.3% stake in Supercell, the Finnish developer responsible for titles including Clash of Clans. As reported by The Wall Street Journal, the developer is valued at $10.2 billion and is the latest investment by Tencent who also owns Riot, developer of massively-popular League of Legends.

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