White & Case Advises Miniclip on Sale of Majority Stake to Tencent
Global law firm White & Case LLP has advised Miniclip on its sale of a majority stake to Tencent Holdings Limited. The financial terms of the transaction have not been disclosed.
Miniclip is a global leader in digital games, developing, publishing and distributing games to an audience of more than 70 million monthly active users across mobile, social and online platforms. Tencent is a leading provider of comprehensive internet services in China.
"We were very pleased to support Miniclip on a transaction which opens an exciting new chapter in its growth story,” said London-based White & Case partner Philip Broke, who led the Firm’s deal team. "Since it was founded in 2001, Miniclip has built a very substantial global audience in more than 195 countries across six continents. The acquisition by Tencent will empower Miniclip to do even more of what it does best – making great games for fans worldwide."
The White & Case team in London which advised on the transaction included partners Philip Broke, David Crook and Nicholas Greenacre, counsels Euan Fergusson and John Benjamin and associates Michael Mountain, Mahir Maini and Laura Hoyland.
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