Tencent already owns around 9% of Ubisoft through previous investments (which helped fend off Vivendi in the past), and reports back in 2022 revealed Tencent wanted to increase its ownership in ...

LOS ANGELES — Shares of Ubisoft jumped more than 30% Friday, following reports that Tencent and the Guillemot family are considering a buyout of the video game maker. Bloomberg news reported ...

Ubisoft hasn’t denied reports of Tencent considering a buyout of the French publisher An unexpected “Assassin’s Creed” delay amid poor sales for “Star Wars Outlaws” plummeted Ubisoft ...

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. Big changes might be in store for Ubisoft ...

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In this environment, high-growth tech stocks such as Tencent Holdings are drawing attention for their potential to navigate these dynamics effectively, offering investors opportunities in ...

Tencent Holdings Ltd. and Ubisoft Entertainment SA’s founding Guillemot family are considering options including a potential buyout of the French video game developer after it lost more than ...

Sachin Mittal, an analyst from DBS, maintained the Buy rating on Tencent Holdings Limited (TCTZF – Research Report). The associated price target remains the same with HK$537.00. Sachin Mittal ...

Tencent reported solid second quarter results, with revenue growing in the high-single digits and the bottom line almost doubling. Similar to many other Chinese stocks, Tencent jumped in the last ...

Tencent Holdings Limited (TCTZF – Research Report), the Communication Services sector company, was revisited by a Wall Street analyst today. Analyst Sachin Mittal from DBS maintained a Buy ...

UPDATE OCTOBER 7, 2024: Ubisoft has issued a statement on last week's reports that its founding Guillemot family and shareholder Tencent are considering teaming up to take the company private.

Tencent owned 9.2% of Ubisoft’s net voting rights at the end of April, while the Guillemot family held about 20.5%, according to the firm’s latest annual report.