online gaming

Carlyle pulls out of $1.9b Shanda take private

The private equity firm backs out of deal to take US-listed Shanda Games private for $1.9 billion. The news comes as investors push back on leverage loan pricing.

September 03, 2014

Tencent buys developer of League of Legends

Tencent acquires Riot Games, the creator of online game League of Legends, for around $400 million.

February 06, 2011

Shanda Games falls 14% after raising $1 billion

The IPO is significantly upsized and prices at the top, but the online gaming company disappoints on its first day of trading.

September 27, 2009

Netease's chairman sells $73 million of stock

William Ding sells a 1.6% stake in the online gaming and portal operator at a 4% discount before the US market opens.

June 11, 2009

Shanda issues convertible to finance share buyback

Investors embrace the earnings-accretive deal, allowing the CB to be upsized by 19% to $155 million.

September 10, 2008

Strong demand for Giant IPO

The online gaming operator raises $887 million in the largest US IPO by a Chinese private sector company.

November 01, 2007

Kingsoft raises $99 million from IPO

The China-based gaming and software company sets the price at the top of the range after drawing solid demand from investors.

October 01, 2007

Shanda shareholder pockets $157 million from sell-down

Shanda's share price falls in the wake of the sale, despite a reasonable discount of 3.7%.

September 20, 2007