FILE PHOTO: People visit Tencent’s booth at the World 5G Exhibition in Beijing, China, Nov. 22, 2019. REUTERS/Jason Lee/File Photo
(Reuters) – Chinese internet giant Tencent Holdings Ltd (0700.HK) is in discussions to invest $200 million in Warner Music Group, ahead of the record company’s initial public offering next week, the Wall Street Journal reported here citing people familiar with the matter.
Tencent and Warner Music were not immediately available for comment.
Reporting by C Nivedita in Bengaluru; Editing by Amy Caren Daniel
Our Standards:The Thomson Reuters Trust Principles.
Source Reuters Tech News
Source link
