Sumo's shareholders will get 513 pence in cash per share, Tencent said. The offer is at 43 percent premium to the Sumo's last closing price of 358 pence. The share has risen multifold since its listing on LSE's junior market AIM in 2017 at 100 pence.
Tencent has an 8.75 percent stake and is the second-biggest stakeholder in the company, which has 14 studios in five countries with more than 1,200 employees. "The Board of Sumo firmly believes the business will benefit from Tencent's broad videogaming eco-system, proven industry expertise and its strategic resources," Sumo's non-executive chairman Ian Livingstone said.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Tencent to buy British video game company Sumo in $1.3-billion dealSumo's shareholders will get 513 pence in cash per share, Tencent says. The offer is at 43% premium to the Sumo's last closing price of 358 pence.
Baca lebih lajut »