Tencent M&A Chief Said to Leave After $19 Billion in Deals

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  • Tencent participated in 90 deals during Richard Peng's tenure
  • Internet company now China's most acquisitive corporation

Tencent Holdings Ltd.’s mergers and acquisitions chief Richard Peng Zhijian is leaving China’s largest Internet company to start his own investment fund, according to two people with direct knowledge of the matter.

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