China’s Tencent Holdings launched a 1.33 billion Norwegian crown ($148 million) bid for computer games maker Funcom on Wednesday, sending the Oslo-listed firm’s shares sharply higher.
The board and management of Funcom unanimously supported the all-cash bid of 17 crowns per share, a 27% premTencent ium to Tuesday’s closing price of 13.35 crowns, the companies said in a joint statement.
