Tencent Music-SW plans to acquire Himalaya Holdings
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Tencent Music - SW announced plans to acquire Himalaya Holdings on June 10, 2025. The transaction is subject to regulatory approval, and Himalaya will become a wholly-owned subsidiary of Tencent Music. The transaction consideration includes USD 1.26 billion in cash and no more than 5.1986% of the issued Class A common stock. The transaction also involves a business restructuring of Himalaya
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