Tencent buys stake in French games maker Dontnod

Dont Nod Entertainment SA

27/01/2021 17:58

Jan 27 (Reuters) - China's Tencent  0700.HK  has invested 30
million euros ($36.35 million) in a minority stake in French
independent video game developer Dontnod Entertainment SA
 ALDNE.PA , the latter announced on Wednesday.
    Tencent acquired the stake as Dontnod - the maker of Life is
Strange and Vampyr - launched a 40 million euro capital increase
 intended to fund more original self-published games on PC,
consoles and mobile platforms.
($1 = 0.8254 euros)

 (Reporting by Sarah Morland in Gdansk
Editing by David Goodman
)
 ((sarah.morland@thomsonreuters.com; +48 58 769 65 92;))