Tencent to buy British video game company Sumo in $1.3 billion deal

Tencent to buy British video game company Sumo in $1.3 billion deal Sumo#39;s shareholders will get 513 pence in cash per share, Tencent said. The offer is at 43 percent premium to the Sumo#39;s last closing price of 358 pence. The share has risen multifold since its listing on LSE#39;s junior market AIM in 2017 at 100 pence.

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