Tencent in talks to raise $2b syndicated loan to fund acquisitions for expansion

Tencent in talks to raise $2b syndicated loan to fund acquisitions for expansion

Tencent company name is displayed at a news conference in Hong Kong, China March 17, 2016. REUTERS/Bobby Yip

Tencent Holdings Ltd., Asia’s biggest Internet company, is speaking with banks about getting a syndicated loan of as much as $2 billion as it expands operations and pushes ahead with acquisitions, people familiar with the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter