Fortnite company Epic Games valued at nearly $15bn after cash boost

Investment means value of firm behind popular game has risen threefold in six months

The company behind the Fortnite video game has been valued at almost $15bn (£11.7bn) after receiving a $1.25bn cash injection led by the private equity firm KKR.

The game, which has been described as a cross between The Hunger Games and Minecraft, has proved hugely popular since its release last year by Epic Games.

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