Tencent's Buyout Interest in Ubisoft: A Look at the Video Gaming Giant's Future
Tencent's Buyout Interest in Ubisoft: Current Landscape
Ubisoft Entertainment, the publisher of renowned franchises like Assassin's Creed, Far Cry, and Watch Dogs, is reportedly reviewing its strategic options amid reports of buyout interest from Tencent Holdings.
Bloomberg News highlighted potential discussions involving the Guillemot family's ownership alongside Tencent's significant stake in the company. This consideration follows a challenging period for the gaming giant marked by product delays and decreased stock value.
Ubisoft’s Recent Performance
- Shares initially rose by 6% on buyout rumors, later reversing to a 1.8% decrease.
- The Guillemot family and Tencent together hold around 25% of Ubisoft's equity.
- Recent game delays include Assassin's Creed Shadows pushed to February.
Ubisoft's future remains uncertain as it seeks to manage debt while navigating the volatile landscape of video gaming industry.
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