Tencent to buy British video game company Sumo in $1.3 billion deal
By Shannon in Technology
Updated 3 years ago
July 19 (Reuters) - Chinese tech giant Tencent Holdings (0700.HK) will buy video game company Sumo Group (SUMO.L) in a deal that values the British firm at 919 million pounds ($1.27 billion), the companies said on Monday. Sumo's shareholders will get 513 pence in cash per share, Tencent said. The...