trending Market Intelligence /marketintelligence/en/news-insights/trending/aVUJYXniSd_M2G0oFjGgMg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Tencent to acquire game developer Funcom

IFRS 9: Time is Running Out for Insurance Companies to Comply

5 Quant Research Traps to Avoid

S&P Global Market Intelligence

Wind Power by the Numbers: U.S., Canada and Mexico

CUSIP Identifier Requests for New U.S. Corporate Debt Surge in January

Tencent to acquire game developer Funcom

China's Tencent Holdings Ltd. is to fully acquire Norwegian game developer Funcom SE in a deal valuing the company at about 1.33 billion Norwegian kroner.

Both Funcom's management board and supervisory board recommended its shareholders accept the Chinese internet company's voluntary cash offer of about 17 kroner per share, according to a company statement. The offer period is expected to start in early February.

Tencent already owns about 29% of Funcom.

As of Jan. 21, US$1 was equivalent to 8.97 Norwegian kroner.