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Earlier this year, Assassin’s Creed maker Ubisoft got $1.25 billion from Chinese tech conglomerate Tencent to spin off its most successful gaming franchises into a separate subsidiary. Now we know who ...
Big changes might be in store for Ubisoft, as the Guillemot family and Tencent are reportedly planning to buy Ubisoft and take it off the public market. NEWSLETTERS Emailed Daily.
Key Takeaways: Ubisoft’s share price fell to a 10-year low in September due to poor sales and the delayed release of “Assassin’s Creed Shadows” Guillemot and Tencent, holding 20.5% ...
Ubisoft Entertainment appointed two co-chief executives to lead a new subsidiary that the Assassin’s Creed maker is creating ...
Tencent Holdings and Ubisoft Entertainment's founding Guillemot family are considering options including a potential buyout of the "Assassin's Creed" maker, Bloomberg News reported on Friday.
It's important to mention that the Guillemot family holds 20.5% of Ubisoft's shares, while Tencent owns 9.2%. They would invest to purchase the remaining shares and take full control of the company.
Tencent and Ubisoft’s Guillemot family are looking to generate new business using some of Ubisoft's assets to increase the company's value. As reported by Bloomberg, Tencent and the Guillemot family ...
Tencent purchased almost 50% of Guillemot Brothers in 2022 and maintains a 9.2% hold of Ubisoft’s net voting rights, with Guillemot holding around 20.5%. While nothing is currently official, a ...
Shares of Ubisoft surged more than 30% Friday, following reports that Tencent and the Guillemot family are considering a buyout of the video game maker. Skip to content Menu Today's paper.
Tencent and Ubisoft's founding Guillemot family are considering a buyout among other options, Bloomberg News reported Friday. Shares of Ubisoft spiked 33% following publication of the report. Last ...
Ubisoft is run by its founders, the Guillemot family, which owns 15% of the firm, followed by Chinese gaming giant Tencent which owns just under 10%, according to LSEG data. ($1 = 0.9115 euros) ...
Recent reports suggested that Tencent and Guillemot may have been in talks to push for a buyout of the company, with Ubisoft going private among the possibilities considered.