Ubisoft's Founding Guillemot Family and Tencent May Take Company Private
Friday, 4 October 2024, 12:47
Ubisoft's Recent Struggles
Ubisoft, once a titan in gaming, is now facing severe challenges. High-profile flops have eroded its market confidence, leading to a significant share price collapse.
Tencent and Guillemot Family's Stake
- The Guillemot family currently holds just over 20% of Ubisoft's shares.
- Tencent owns a slightly lesser stake, at just over 9%.
The potential move to privatize Ubisoft could signal a major shift in gaming company management and strategy, as these key players explore different avenues to stabilize the business.
Industry Impact Consideration
This decision may not only affect Ubisoft but also resonate across the entire gaming industry, with other companies watching intently.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.