Filing: Tencent took a 1.6% stake in Warner Music Group for $200M in Warner's IPO in separate transactions by two Tencent subsidiaries; shares now worth ~$250M (Anne Steele/Wall Street Journal)

Filing: Tencent took a 1.6% stake in Warner Music Group for $200M in Warner's IPO in separate transactions by two Tencent subsidiaries; shares now worth ~$250M (Anne Steele/Wall Street Journal)

Filing: Tencent took a 1.6% stake in Warner Music Group for $200M in Warner's IPO in separate transactions by two Tencent subsidiaries; shares now worth ~$250M (Anne Steele/Wall Street Journal)

Filing: Tencent took a 1.6% stake in Warner Music Group for $200M in Warner's IPO in separate transactions by two Tencent subsidiaries; shares now worth ~$250M (Anne Steele/Wall Street Journal) https://ift.tt/37s4hEI

Anne Steele / Wall Street Journal:
Filing: Tencent took a 1.6% stake in Warner Music Group for $200M in Warner's IPO in separate transactions by two Tencent subsidiaries; shares now worth ~$250M  —  Chinese internet giant already had interests in Universal Music Group, Spotify  —  Tencent Holdings Ltd. TCEHY 1.56% took …


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