Chinese tech giant Tencent is reportedly looking for interested investors to fund its $8.6 billion acquisition of Finnish game developer Supercell. Inside sources have revealed that there are ongoing talks with possible investors including China Investment, Hillhouse Capital Group, and Canada Pension Plan Investment Board.

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Tencent is looking to acquire Supercell's 84.3 percent stake from Softbank, as well as stakes owned by some of the company's current and former employees. In a statement acquired by Telecom Paper, Tencent said that it is in the process of negotiating with investors "in the consortium who are interested in participating in the long-term success of Supercell."

Tencent is reportedly still in the process of shortlisting possible participants in the consortium. There are reports that the current list of potential co-investors could change.

The Supercell buyout is one of Tencent's biggest acquisition to date. A third of the buyout will be financed through debt, while the rest will be split between Tencent and other investors. Sources said that the company is yet to decide whether to launch an Initial Public Offering (IPO) for Supercell. This is because important strategic decisions, such as an IPO, would require approval from Supercell's founders.

Once the deal is completed, Tencent is expected to control at least a 50 percent voting interest in the consortium. According to the Wall Street Journal, firms that opt to participate in the Supercell consortium would be expecting an average annual return of 36 percent over the span of the next four years.

TagsTencent, Tencent acquisition, supercell, Supercell buyout, Tencent acquisition news, Tencent co-investors, Tencent investors, Supercell investors