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Investegate |Tencent Holdings Ltd Announcements | Tencent Holdings Ltd: Offer for Sumo Group Plc


 under Part 26 of the UK Companies Act 2006
Summary
·
The boards of Tencent Holdings Limited ( Tencent ) and Sumo Group plc ( Sumo ) are pleased to announce that they have reached an agreement on the terms of a recommended all cash acquisition by Tencent, through its indirect wholly-owned subsidiary, Sixjoy Hong Kong Limited ( Tencent Bidco ), of the entire issued and to be issued ordinary share capital of Sumo which members of the Tencent Group do not already own.
·
Under the terms of the Acquisition, Sumo Shareholders will be entitled to receive:
for each Sumo Share: 513 pence in cash
 
·
The price of 513 pence in cash for each Sumo Share values the entire issued and to be issued share capital of Sumo at approximately £919 million on a fully diluted basis. ....

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A Huge New Chicken CAFO in West Virginia Has Stoked Community Resistance


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Dave Mathias’ family has worked the land around Moorefield in Hardy County, West Virginia, for generations. His home in the community of Old Fields is just a mile away from a farm where his grandfather raised cattle and his cousin later tended crops. But that cousin recently sold the land to WV Poultry Partners, LLC.
Now, it’s a construction site for 15 large confinement chicken houses that will supply Pilgrim’s Pride. Combined, the structures will cover the length of 26 football fields. Less than five miles away, in the same community, WV Poultry Partners is building an even bigger facility. That one will have the capacity to hold close to a million chickens at a time in 19 houses; a quiet subdivision built to overlook what was once a picturesque rolling meadow is about 1,000 feet away. ....

United States , South Branch , West Virginia , North Carolina , Hardy County , Gold Fields , Dave Mathia , Jody Murphey , Robert Williams , Renick Williams , Environmental Protection Agency , Upper Potomac Riverkeeper Network , Branch Of The Potomac River , Gallus Equity Partners , Department Of Environmental Protection , Wv Poultry Partners , National Pollutant Discharge Elimination System , Natural Resources Defense Council , Cold Field , Concentrated Animal Feeding Operation , Brent Walls , West Virginia Poultry Partners , Upper Potomac Riverkeepers , Danielle Diamond , Socially Responsible Agricultural Project , Poultry Capital ,