Tencent Looks to Buy Sumo Digital in $1bn Deal
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Tencent Looks to Buy Sumo Digital in $1bn Deal

Tencent has announced it is in talks to buy out UK-based Sumo Digital. The deal will cost $1.27 billion (~£919 million). The deal also expands on Tencent's previous 8.75% ownership stake in Sumo, giving the…