Tencent-backed iDreamSky in advanced talks with CVC to jointly acquire Leyou

Tencent-backed iDreamSky in advanced talks with CVC to jointly acquire Leyou

Photo: Pixabay

iDreamSky Technology Holdings Ltd. is in advanced talks with buyout firm CVC Capital Partners to jointly acquire gaming firm Leyou Technologies Holdings Ltd., according to people familiar with the matter.