Today, the Korean media stock.hankyung broke the news, Tencent has spent 7 billion won (about 40 million 590 thousand yuan) to buy the "Jedi survival", the developer of the blue hole company shares, accounting for less than 5%.
According to the media, Tencent is hoping to gradually get the management of the blue hole from the capital level, although the actual share now accounts for less than 5%.
According to investment banking practitioners, Tencent is through a variety of ways to acquire the blue hole company's equity. Earlier, the blue hole turned down the offer by Tencent Inc, so Tencent changed its strategy and began buying shares from investors such as VC, who already owns blue hole shares.
It is reported that, blue hole company holds 20.4% of the equity, the United States venture capital company holds about 6.2% of the shares, the Korean domestic venture capital company holds 9.3% of the shares, and 64% scattered in the hands of minority shareholders. The share price of blue hole has recently risen as the popularity of the game.
Earlier this month, the blue hole announced "Jedi survival" has sold more than 10 million copies, the sales to capital market has injected more vitality, but for the Tencent want a little penetration to obtain the equity, it is difficult to add. Investment bankers say that because the company's market value is soaring, VCs are not willing to sell their share now.
However, neither the nor the Tencent have responded to the issue.
Note: the tender offer is the buyout merger, refers to the purchaser in order to obtain the right to holdings of listed companies, and almost all of the shares of acquired company (at least more than 95% of the shares) issued to purchase shares of the listed company offer to all shareholders, the acquisition of the shares of listed companies).