Tencent Makes 513p/Share Cash Offer For Video Game Firm Sumo Group

T-Reuters2021-07-19

Sumo Group PLC:Tencent Holdings Ltd Sumo Group Plc - Offer For Sumo Group Plc.Tencent Holdings Limited - Under Terms Of Acquisition, Sumo Shareholders Will Be Entitled To Receive: For Each Sumo Share: 513 Pence In Cash.Tencent Holdings - Offer Values Entire Issued And To Be Issued Share Capital Of Sumo At Approximately £919 Million On A Fully Diluted Basis.Tencent Holdings - Sumo Board Considers Terms Of Acquisition To Be Fair And Reasonable.Tencent Holdings - Sumo Board Intends To Recommend Unanimously That Sumo Shareholders Vote To Approve Deal.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
5