A US senator sought a review of Tencent's (HKG:0700) participation in the merger of Paramount Global and Skydance Media, noting security risks, Bloomberg News reported Friday, citing a letter to the Treasury Department.
Arkansas Republican Senator Tom Cotton said the transaction is "troubling," noting Tencent's ownership of up to 10% of Skydance, the report said.
Cotton called the national security risk "unacceptable," according to the report.
Tencent "likely will hold some ownership of the new company post-merger," the report said, citing Cotton's letter.
The Chinese internet giant will hold nonvoting, publicly-traded shares in the new company post-merger, and will not be able to influence management, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。