Davis Polk is advising Tencent Holdings Limited in connection with its acquisition of a 9.96% shareholding in Sumo Group plc. The shares are being acquired from Sumo Group’s largest shareholder.
Sumo Group is an English company traded on the Alternative Investment Market (AIM) of the London Stock Exchange and has a market capitalization of just under £250 million. Sumo Group's businesses provide development and design services to the video games and entertainment industries from studios in the United Kingdom, India and Canada.
The Davis Polk corporate team includes partner Simon Witty and associate Ben Stewart. All members of the Davis Polk team are based in the London office.