Chinese company Tencent Holdings becomes Kadokawa’s third largest shareholder – Kudasai The editorial Kadokawa announced that the Chinese internet conglomerate Tencent Holdings will acquire a 6.86 percent stake in Kadokawa for 30 billion yen (about $ 264 million) and will become the third largest shareholder in the company. Sixjoy, a subsidiary of Tencent The Hong Kong-based company will buy 4.86 million shares for 6,170 yen (about $ 54) per share, a 2.3 percent premium over its closing price. The transaction is expected to take place between November 15 and November 26. Kadokawa stated that he will come to an agreement...