SAMR greenlights Tencent-Ximalaya deal
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On May 12, the market regulator (SAMR) conditionally approved Tencent's acquisition of Ximalaya, China's largest online audio platform, through its music arm Tencent Music Entertainment (TME).
The deal took nearly a year to pass SAMR's review.
But strings are attached. SAMR imposed post-deal condi...