US national security panel investigating Tencent’s £919m takeover of Sumo Group
A US national security panel is investigating Tencent’s £919m takeover of Sumo Group.
Sumo, which is based in Sheffield but has studios in the US, told Reuters that Chinese megacorp Tencent had agreed to offer undertakings to gain approval from the Committee on Foreign Investment in the United States (CFIUS), which assesses deals to ensure they do not hurt national security.
* This article was originally published here
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