Ubisoft Buyout Talks Involve Tencent, Guillemot Family
Ubisoft Buyout Talks Involve Tencent, Guillemot Family
Ubisoft Buyout Talks Involve Tencent, Guillemot Family
News summary

Ubisoft is facing a potential buyout by Tencent and the Guillemot family, who are considering taking the company private amid financial struggles. Tencent, which currently holds a 9.2% stake in Ubisoft and a 49.9% stake in Guillemot Brothers Ltd., and the Guillemot family, with a 20% stake, have reportedly begun discussions with financial advisors regarding this move. This comes after Ubisoft’s stock dropped significantly due to underwhelming sales of Star Wars Outlaws and the delay of Assassin's Creed Shadows, resulting in a 54% decline in share prices this year. Following reports of the buyout consideration, Ubisoft’s shares surged by over 30%, indicating investor optimism. AJ Investments, a minority stakeholder, has criticized Ubisoft's management for its focus on short-term gains at the expense of long-term strategy. The potential buyout is still in the early stages and may not materialize, but it aims to stabilize and increase Ubisoft’s value in the market.

Story Coverage
Bias Distribution
45% Left
Information Sources
166bc319-c612-4063-955b-1bdc4fec97ff0319a078-c5a7-4188-95f2-60cb4be32cc6bd7f581c-6294-4fb3-adfe-81db52a0845271639883-fbbd-48af-8cc3-393f63e7b2ef
+4
Left 45%
Center 27%
Coverage Details
Total News Sources
11
Left
5
Center
3
Right
0
Unrated
3
Last Updated
2 min ago
Bias Distribution
45% Left
Related News
Daily Index

19Negative

Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News