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Investegate |Tencent Holdings Ltd Announcements | Tencent Holdings Ltd: Offer for Sumo Group Plc

under Part 26 of the UK Companies Act 2006
Summary
·
The boards of Tencent Holdings Limited ( Tencent ) and Sumo Group plc ( Sumo ) are pleased to announce that they have reached an agreement on the terms of a recommended all cash acquisition by Tencent, through its indirect wholly-owned subsidiary, Sixjoy Hong Kong Limited ( Tencent Bidco ), of the entire issued and to be issued ordinary share capital of Sumo which members of the Tencent Group do not already own.
·
Under the terms of the Acquisition, Sumo Shareholders will be entitled to receive:
for each Sumo Share: 513 pence in cash

·
The price of 513 pence in cash for each Sumo Share values the entire issued and to be issued share capital of Sumo at approximately £919 million on a fully diluted basis. ....

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TCS is Now UK's #1 Software and IT Services Company – India Education | Latest Education News | Global Educational News

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Mumbai: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been ranked number one by revenue among the Top 30 Suppliers of Software and IT Services to the UK Market by TechMarketView1.
The report is compiled through a detailed analysis of the UK revenues of over 200 publicly quoted and privately held companies. TCS has moved up from last year’s second position. The company performed very well in the revenue rankings by sub-category as well, topping the Applications Operations category, and ranking #3 in Consulting, and Solutions.
According to the report, TCS has used the pandemic to re-energise its proposition and positioning within the wider marketplace. It goes on to say that the core role given to innovation continues to be central to TCS’ identity and positioning within the SITS market, and this has worked out well for TCS over the last couple of years. The report hi ....

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TCS adds over 7,000 employees in UK; employs over 18,000 people

TCS adds over 7,000 employees in UK; employs over 18,000 people
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TCS adds over 7,000 employees in UK, now employs over 18,000 persons

TCS adds over 7,000 employees in UK, now employs over 18,000 persons
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TCS is Now UK's #1 Software and IT Services Company

TCS is Now UK's #1 Software and IT Services Company
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