Tencent gets green light to take Sogou private

Tuesday 13 July 2021 | 09:46 CET | News
Tencent has received approval by China's competition watchdog to take search engine Sogou private, in a deal worth USD 3.5 billion, Reuters reported. Tencent bought Sogou from Sohu last year, for USD 1.18 billion in cash. The intention was for Sogou to then delist from the Nasdaq.

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Categories: Internet
Companies: Sogou / Tencent
Countries: China
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