MTG and Huya INC. Form a Joint Venture; ESL Plans to Expand in China

Modern Times Group (MTG) and Chinese live-streaming website Huya.Inc have entered a binding term sheet which will allow Huya Inc. to acquire a minority stake in MTG’s portfolio company ESL.  The announcement comes in the form of a joint venture between MTG and Huya Inc. which will help ESL expand into the Chinese market. The …

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Published at Mon, 02 Sep 2019 20:08:56 +0000