Oct 7, 2024, 11:01 PM
Oct 7, 2024, 12:00 AM

Ubisoft faces potential buyout by Guillemot Brothers and Tencent

Provocative
Highlights
  • Ubisoft is exploring strategic options amid reports of a potential private takeover.
  • The Guillemot Brothers and Tencent are in discussions to stabilize the company and enhance its stock value.
  • A buyout could lead to Ubisoft being taken private, addressing its current challenges.
Story

Ubisoft, a prominent video game studio based in France, is currently exploring its strategic options amid reports of a potential private takeover. The company, known for its popular Assassin's Creed franchise, has been facing challenges that have prompted discussions about stabilizing its operations and enhancing its stock value. The Guillemot Brothers, a holding company led by members of Ubisoft's founding family, are in talks with Tencent, a major Chinese technology firm that holds significant voting rights in Ubisoft. Together, they are considering a buyout to take the company private, which could provide the necessary support to navigate its current difficulties. This move reflects a broader trend in the gaming industry, where consolidation and private ownership are becoming more common as companies seek to adapt to changing market conditions and investor expectations.

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