To prevent such a takeover, Ubisoft's largest stakeholders signed a deal with Tencent to prevent the Chinese firm from buying up a ton of stake in Ubisoft. Now it's said that Ubisoft may team up ...
(Bloomberg) -- Tencent Holdings Ltd. and Ubisoft Entertainment SA’s founding Guillemot family are considering creating a new venture that would include certain Ubisoft assets as they seek to ...
Ubisoft executive Frederick Duguet said on an earnings call that the company has been "investing significantly" in recent ...
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 ...
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.
CFRA downgraded Ubisoft Entertainment (EPA:UBIP) to "Sell" from "Hold" and lowered its price target to EUR10 from EUR14, citing weak bookings and uncertainty over buyout talks with Tencent.
Tencent has left a mark on the video games industry, investing in a variety of high-profile developers over the years. Countless gamers love the focus that Ubisoft places on melee combat in games.
Further investment by Tencent in 2022 helped to put the firm on more stable footing, and the partnership with the gaming giant should help Ubisoft’s franchises garner more users and revenue in ...
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 ...