Beijing (AFP) July 28, 2020
Chinese tech giant Tencent has offered to buy search engine Sogou in a deal worth around $2 billion, sending the latter's share price soaring 48 percent in New York. The proposal would take Sogou private, with Tencent offering $9 in cash for each American depositary share it does not already hold, said Sogou's parent company Sohu.com on Monday. Chinese tech companies have been looking in
Tencent offers buy out of Chinese search engine Sogou
Energy Daily
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