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Supercell Just Made Tencent The True King Of Video Games

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SoftBank has agreed to sell its 73.2% stake in Supercell to Tencent.

Tencent is paying $8.57 billion to get 84.3% of Supercell.

This deal is not overpriced considering the purchase price was only 4.4x price/sales.

The Finnish founders of Supercell did not veto Tencent taking majority ownership.

Buying Supercell made Tencent the world’s undisputed top-grossing mobile games publisher. Supercell touts 100 million daily active players.

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