Tencent completed a 7.7142% stake acquistion in Coocaa for $43m.

Synopsis

Tencent, a Chinese multinational technology and entertainment conglomerate, completed a 7.7142% stake acquistion in Coocaa, a China-based smart TV brand, for $43m.

Principals

target

COOCAA

bidder

Tencent Holdings

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Market Context

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Seller Team (1)

wang zhiguo

CEO at COOCAA

Manager

target

Deal

£ 38 M

Total Value

Bidder Team (2)

john lo

CFO at TENCENT HOLDINGS LIMITED

Manager

bidder

Deals

£ 11.11 B

Total Value

ma huateng

Chairman and CEO at TENCENT HOLDINGS LIMITED

Manager

bidder

123

Deals

£ 50.32 B

Total Value

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