Tencent Acquires Miniclip Group SA
Tencent has acquired ownership in Miniclip Group SA. Headquartered in Neuchâtel, Switzerland, Miniclip is a digital games company which develops, publishes and distributes mobile and online games to around 70 million monthly active users across mobile, social and online platforms. Tencent, listed on the Hong Kong Stock Exchange, is one of the largest internet companies worldwide based on market capitalization and provides services such as social networks, web portals, e-commerce, and multiplayer online games.
Bär & Karrer acted as Swiss legal counsel to Tencent in this transaction. The Bär & Karrer team included Rolf Watter and David P. Henry (both M&A/Corporate), Fabienne Gribi and Nadia Walker (both Corporate), Laura Widmer and Fabian Loretan (both Employment), Raoul Stocker and Raphael Annasohn (both Tax) as well as Markus Wang (IP).