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TENCENT Says It Will Ensure Lawful and Compliant Progress of Himalaya Stake Acquisition Following Approval
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China's State Administration for Market Regulation has conditionally approved TENCENT (00700.HK)'s acquisition of an equity in Himalaya. In response, TENCENT stated that it will strictly comply with the "Announcement of the State Administration for Market Regulation on the Anti-monopoly Review Decision to Conditionally Approve the Acquisition of Himalaya's Equity by Tencent Holdings Limited", diligently fulfill all commitments, and ensure the transaction proceeds in accordance with laws and regulations. TENCENT added that it will, as always, firmly safeguard fair market competition, strive to provide users with higher-quality services, and promote the healthy and orderly development of the industry. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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