Softbank buys control of Finnish mobile game maker Supercell for $1.53 billion

SoftBank Corp is buying a 51 percent stake in Finnish mobile game maker Supercell for $1.53 billion. The company makes games such as “Clash of Clans” and “Hay Day.” 

The purchase price values the whole business at $3 billion. Twenty percent of Softbank’s investment will come from its mobile games maker subsidiary, GungHo Online Entertainment Inc.