Tencent is being advised by Davis Polk & Wardwell while Sumo is being advised by Allen & Overy.
November 10, 2021 at 12:01 AM
2 minute read
Asia Editor
The Committee on Foreign Investment in the United States (CFIUS) is investigating Chinese multinational technology conglomerate Tencent Holding’s $1.27 billion proposed takeover of British videogame maker, Sumo Group plc.
Both Tencent and Sumo are working with CFIUS for clearance on its deal.
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