Tencent-Supercell deal bodes well for gamers

Finland is gaining traction as a destination for overseas direct investment from China, notably in the high-tech realm.

Out of all the cross-border transactions involving Chinese companies last year, the second-largest deal was the acquisition of Finnish game developer Supercell by Tencent Holdings, the Chinese internet giant best known for its WeChat app, according to Morning Whistle, a consulting group specializing in international mergers and acquisitions.

Tencent and its partners will pay $8.6 billion for up to 84 percent of Supercell, mostly from SoftBank Group Corp, which aims to use the proceeds to cut its debt.