Tencent close to $9b deal to buy SoftBank-owned gaming firm Supercell

Tencent close to $9b deal to buy SoftBank-owned gaming firm Supercell

Tencent Chairman and Chief Executive Officer Pony Ma Huateng attends a news conference announcing the company's results in Hong Kong, China March 17, 2016. REUTERS/Bobby Yip

Tencent Holdings Ltd, China’s biggest social network and online entertainment firm, is nearing a deal to buy a majority stake in Supercell Oy, which will value the mobile game maker at more than $9 billion, a source familiar with the matter said.

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