Home deals Tencent pursuing Rovio buyout – Report

Tencent pursuing Rovio buyout – Report

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Photo credit BagoGames under Creative Commons license.

Gamesindustry.biz reports: “Original Story: According to a report in The Information, Chinese investment giant Tencent Holdings is seeking to acquire Finnish mobile games company Rovio. The report cites “people briefed on the situation” and claims that the price tag on the Angry Birds maker could be around $3 billion, but Tencent is not the only suitor and no agreement is in place yet with any bidder. Update: Rovio has issued a statement in response to reports of it being acquired by Tencent. The Finnish company did not address the acquisition directly, but it did refer to the possibility of an IPO in its future.”

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