According to Bloomberg, Tencent and Ubisoft’s founder, the Guillemot family, are planning to move Ubisoft assets to a new venture as a way to boost the company’s value. The Guillemot family ...
Tencent (TCEHY) and Ubisoft’s (UBSFY) founding Guillemot family are weighing establishing a new venture that would include some of the game maker’s assets as they aim to boost the “Assassin ...
Ubisoft is sticking to the script and won't provide more info on content pipelines as it weighs 'strategic and capitalistic ...
Ubisoft has released its financial statement for the third quarter of the 2024-25 fiscal year, promising more cost-cutting ...
Ubisoft executive Frederick Duguet said on an earnings call that the company has been "investing significantly" in recent ...
Moreover, the closure comes at a time when Ubisoft is in talks with Tencent for a potential buyout that will still have the Guillemot family maintain its control - its largest shareholder.
The Guillemot family has about a 14% stake in the company they founded. Tencent is Ubisoft's second-largest holder with almost a 10% stake in the company.
One option for Ubisoft’s future could be going private in the hands of Chinese tech group Tencent and the Guillemot family of founders that still runs the group. Tencent already owns almost 10 ...
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