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China market regulator approves Tencent's $3.5 billion deal to take Sogou private


China market regulator approves Tencent’s $3.5 billion deal to take Sogou private
FILE PHOTO: A Tencent sign is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song
July 13, 2021
(Reuters) – China’s antitrust regulator unconditionally approved on Tuesday Tencent Holdings Ltd’s plan to take the country’s no.3 search engine Sogou Inc private in a $3.5 billion deal.
Reuters had reported the pending approval in April by State Administration of Market Regulation (SAMR).
The deal, announced in September, was for Tencent to buy the 60% of U.S.-listed Sogou that it didn’t already own, making it the latest Chinese company to exit U.S. markets amid tensions between the world’s two largest economies. ....

Hong Kong , Pei Li , Muralikumar Anantharaman , Administration Of Market Regulation , Sogou Inc , Tencent Holdings Ltd , World Internet Conference , Tuesday Tencent Holdings Ltd , State Administration , Market Regulation , ஹாங் காங் , பேய் லி , உலகம் இணையதளம் மாநாடு , சந்தை ஒழுங்குமுறை ,

China market regulator approves Tencent's US$3.5 billion deal to take Sogou private


China market regulator approves Tencent s US$3.5 billion deal to take Sogou private
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China market regulator approves Tencent s US$3.5 billion deal to take Sogou private
China s antitrust regulator unconditionally approved on Tuesday Tencent Holdings Ltd s plan to take the country s no.3 search engine Sogou Inc private in a US$3.5 billion deal.
FILE PHOTO: A logo of Tencent is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song
13 Jul 2021 10:35AM
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REUTERS: China s antitrust regulator unconditionally approved on Tuesday Tencent Holdings Ltd s plan to take the country s no.3 search engine Sogou Inc private in a US$3.5 billion deal. ....

Hong Kong , Pei Li , Muralikumar Anantharaman , Administration Of Market Regulation , Sogou Inc , Tencent Holdings Ltd , Tuesday Tencent Holdings Ltd , State Administration , Market Regulation , ஹாங் காங் , பேய் லி , சந்தை ஒழுங்குமுறை ,

China market regulator approves Tencent's $3.5 bln deal to take Sogou private


Reuters
1 minute read
A Tencent sign is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song
July 13 (Reuters) - China s antitrust regulator unconditionally approved on Tuesday Tencent Holdings Ltd s (0700.HK) plan to take the country s no.3 search engine Sogou Inc (SOGO.N) private in a $3.5 billion deal.
Reuters had reported the pending approval in April by State Administration of Market Regulation (SAMR). read more
The deal, announced in September, was for Tencent to buy the 60% of U.S.-listed Sogou that it didn t already own, making it the latest Chinese company to exit U.S. markets amid tensions between the world s two largest economies. ....

Hong Kong , Pei Li , Muralikumar Anantharaman , Thomson Reuters Trust Principles , Administration Of Market Regulation , Sogou Inc , Tencent Holdings Ltd , Tuesday Tencent Holdings Ltd , State Administration , Market Regulation , Thomson Reuters Trust , ஹாங் காங் , பேய் லி , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , சந்தை ஒழுங்குமுறை , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,