Technology
Tencent to Buy British Video Game Company Sumo in $1.3 Billion Deal – FX Empire
(Reuters) -Chinese tech giant Tencent Holdings will buy video game company Sumo Group in a deal that values the British firm…
Sumos shareholders will get 513 pence in cash per share, Tencent said. The offer is at 43% premium to the Sumos last closing price of 358 pence. The share has risen multifold since its listing on LSEs junior market AIM in 2017 at 100 pence.
Tencent has…
Continue Reading
-
General17 hours agoCampers evacuated, residents on alert as Moreton Island bushfire intensifies
-
Noosa News24 hours agoPerth Royal Show vendors upset by price hikes, say crowds are down in 2025
-
General22 hours agoAustralia welcomes Gaza peace progress, hostage release
-
General15 hours agoHundreds attend justice march for Kaiden Morgan-Johnston in Morwell