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Tencent’s £919m takeover of Sumo Group is under investigation by a US national security panel

Tencent intends to purchase Sumo Group, but a US national security panel is investigating the deal.Sumo, which is based in Sheffield, England, also has studios in the US and they told Reuters that Tencent had agreed to offer undertaking to gain approval from the Committee on Foreign Investment in the United States (CFIUS), which assesses deals to ensure they do not hurt national security.The task force is also looking into the sale of the US video-sharing app TikTok.
nme.com

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