HUYA enters term sheet wi企鹅电竞手机怎么开竞猜th

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Modern Times Group (MTG), the parent company of ESL and DreamHack, has entered a binding term sheet with Chinese live streaming platform HUYA.lol竞猜战队奖励什么时候发

As things stand, the agreement will see HUYA acquire a minority interest in ESL and form a joint venture with the tournament organiser that focuses on Chinese esports.

MTG HUYA ESL Investment
Logo credits:s8竞猜怎么猜lol MTG, HUYA

If the deal goes thr有什么软件是竞猜电竞比赛的ough, the investment in ESL will cost HUYA $30 milliolol竞猜头像哪里领取地址n (£24.8 million) in primary and secondary shares, according to the term sheet. MTG will remain as the majority owner in ESL.

Jørgen Madsen Lindemann, President of CEO of MTG discussed the deal: “We are excited to announce this term sheet for an important strategic partnership which provides us with a strong partner in Huya to pave the way for a successful ESL expansion into the thriving Chinese esport and gaming market in due time.”

HUYA and ESL will collaborate on local Chinese esports competitions that connect to ESL’s global tournament calendar. This initiative is an effort to ensure that as many Chinese players as possible are competing “on a global scale.”

Rongjie Dong, Chief Executive Officer of HUYA also commented: “We are pleased to establish a close partnership with ESL, which demonstrates Huya’s further penetration into the global esports sector. Togethlol押注竞猜在哪里领er with ESL, we are thrilled to bring more world class global esports content to Chinese gaming enthusiasts.”

The terms of the deal are bindin2017lol竞猜领头像怎么领g, with both the joint venture and the minority interest both being subject to due diligence.

Esports Insider says: This deal will see MTG expand into the Chinese esports market and give HUYA a much bigger presence in the Western market by association and investment, both developments are not small in scale by any means. It’ll be interesting to see what’s produced by the joint venture should everything come into fruition.

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