China set to clear Tencent's $3.5b deal to take search engine Sogou private

China set to clear Tencent's $3.5b deal to take search engine Sogou private

Photo: REUTERS/Jason Lee/File Photo

China’s antitrust regulator is ready to clear tech giant Tencent Holdings Ltd’s plan to take the country’s no.3 search engine Sogou private, three people with knowledge of the matter told Reuters, a move that signals that the watchdog is willing to wave some deals through even as it ratchets up sector scrutiny.

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