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Saudi Gaming's acquisition of Mu Tong Technology, a subsidiary of ByteDance, was approved. The reporter learned that in the list of centralized cases of unconditional approval of operators announced by the State Administration of Market Supervision and Administration on November 6, the case of Saudi Video Game Holding Company's acquisition of shares in Mutong Holdings and Shanghai Mutong Technology is listed. The settlement period is October 29. This means that the acquisition has passed the General Administration of Market Regulation's antitrust review.
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Saudi Gaming's acquisition of Mu Tong Technology, a subsidiary of ByteDance, was approved. The reporter learned that in the list of centralized cases of unconditional approval of operators announced by the State Administration of Market Supervision and Administration on November 6, the case of Saudi Video Game Holding Company's acquisition of shares in Mutong Holdings and Shanghai Mutong Technology is listed. The settlement period is October 29. This means that the acquisition has passed the General Administration of Market Regulation's antitrust review.
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