Tencent Now Holds Shares In Control, Alan Wake Studio Remedy Eddie Makuch Tencent, the internet behemoth that has investments in numerous gaming companies around the world, has now bought shares in yet another studio. Alan Wake and Control studio Remedy Entertainment has announced that Tencent recently purchased 500,000 shares in the Finnish studio from Accendo Capital SICAV RAIF. This works out to 3.8% of the outstanding shares in Remedy. A sale price was not disclosed. After the sale, Accendo continues to hold 1.8 million shares of Remedy, which represents 14% of the company. Continue Reading at GameSpot https://ift.tt/eA8V8J

Tencent, the internet behemoth that has investments in numerous gaming companies around the world, has now bought shares in yet another studio.

Alan Wake and Control studio Remedy Entertainment has announced that Tencent recently purchased 500,000 shares in the Finnish studio from Accendo Capital SICAV RAIF. This works out to 3.8% of the outstanding shares in Remedy. A sale price was not disclosed.

After the sale, Accendo continues to hold 1.8 million shares of Remedy, which represents 14% of the company.

Continue Reading at GameSpot

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