Tencent Holdings Limited (SEHK:700) entered into a share purchase agreement to acquire 29% stake in Funcom SE (OB:FUNCOM) from Kgj Capital As on September 30, 2019.

Tencent Holdings Limited (SEHK:700) completed the acquisition of 29% stake in Funcom SE (OB:FUNCOM) from Kgj Capital As on October 10, 2019. After the acquisition Tencent Holdings Limited (SEHK:700) holds 22.3 million shares. Skandinaviska Enskilda Banken AB (publ.) (OM:SEB A) acted as financial advisor to Kgj Capital in the transaction.