https://wccftech.com/tencent-imminent-acquisition-leyou-technologies/

Chinese conglomerate Tencent Holdings is reportedly near reaching a final deal with Leyou Technologies and will be taking the firm private in a deal estimated to be valued at $1.3 billion, according to a recent report by Bloomberg.

Leyou Technologies, developer of titles such as Warframe, has been in discussion with other companies over recent months that seemed eager to acquire the Chinese gaming firm. As recently as July, Leyou's stock trading was paused temporarily as the company first began exploring an exclusive agreement with Tencent Holdings.