trending Market Intelligence /marketintelligence/en/news-insights/trending/OEe5WRLuWeT59xoISc4epw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Report: IDreamSky in exclusive talks to acquire gaming peer Leyou for $1.4B

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Report: IDreamSky in exclusive talks to acquire gaming peer Leyou for $1.4B

Chinese video game publisher iDreamSky Technology Holdings Ltd. is exclusively discussing a deal to buy Hong Kong-based game developer Leyou Technologies Holdings Ltd. for roughly $1.4 billion, Bloomberg News reported, citing people familiar with the matter.

Co-investors are being sought by iDreamSky to help fund the potential transaction, sources said, adding that potential partners could include private equity firms and other gaming companies. Bain Capital LP, CVC Capital Partners Ltd. and KKR & Co. Inc. were earlier reported to have moved to the second round of bidding for Leyou.

Credit Suisse Group AG reportedly is advising iDreamSky on the potential deal.

Leyou is the developer of the games Warframe and Dirty Bomb. IDreamSky is backed by Tencent Holdings Ltd.

Representatives for iDreamSky and Credit Suisse did not comment on the matter, while a Leyou representative did not immediately respond to requests for comment, according to Bloomberg.