Tencent and Ubisoft’s founding Guillemot family are considering a potential buyout of the video game developer (LINK).
A huge workforce, poor “Star Wars Outlaws” sales and an “Assassin’s Creed” delay require the help of gaming’s head honcho ...
Bloomberg reported that, according to people familiar with the matter, Tencent Holdings and the Guillemot family are ...
Shares of Tencent Music Entertainment Group (NYSE:TME – Get Free Report) have earned a consensus rating of “Moderate Buy” from the thirteen ratings firms that are presently covering the company, ...
Ubisoft's founders and Tencent are considering teaming up to take the company private. Ubisoft's share price has been in free ...
Ubisoft is run by its founders, the Guillemot family, which owns 15% of the firm, followed by Chinese gaming giant Tencent ...
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 ...
Tencent currently owns 9.2 percent of Ubisoft, while Guillemot Brothers Ltd owns 20 percent. In 2022, Tencent bought a 49.9 percent stake in Guillemot Brothers Ltd for $297 million, and as part of ...
Tencent owned 9.2% of the shares at the end of April this year, while the Guillemot family owns about a fifth: 20.5%. The Bloomberg report also talks about some minority shareholders like AJ ...
As the future of Ubisoft looks ever more bleak, it's said the company is considering going private with the help of Tencent.
and it seems they are in damage-control mode now. Tencent ownership is a mixed bag, but maybe it is the change of pace the company needs to come back.
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.