FILE PHOTO: A logo of Tencent is seen at its booth at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang/File Photo
TOKYO (Reuters) -Units of Tencent and Sony will take minority stakes in FromSoftware Inc, which publishes hit action role-playing title "Elden Ring" in Japan, via a third-party allotment of new shares, parent Kadokawa Corp said on Wednesday.
Following the transaction, which will raise 36.4 billion yen ($262.9 million), units of Tencent Holdings Ltd and Sony Group Corp will hold 16.25% and 14.09% respectively with publishing giant Kadokawa retaining 69.66%.
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