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The massive deal allows the founding Guillemot family to remain in control of the publisher despite its recent struggles and cratering share price. The details of the agreement are complex and it ...
(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 ...
Tencent and the Guillemot family are reportedly evaluating assets to include in a new entity and trying to determine their valuation, sources told Bloomberg, asking not to be identified because ...
Ubisoft shares reversed gains in afternoon trade on Friday after rising as much as 12% earlier on plans to set up a subsidiary to house three of its popular video game franchises.
Tencent already owns about 10 per cent of Ubisoft, with the Guillemot family owning 15 per cent. The Chinese group also purchased just under half of the Guillemot family’s holding company in ...
Shareholders also want to limit the voting power of the Guillemot family, who founded Ubisoft. One of Ubisoft's shareholders accuses the French video game publisher of entering IP acquisition ...
Things have got so bad at Ubisoft that its founding Guillemot family is reportedly exploring talks with Chinese mega-corp Tencent and other investors on a buyout deal that would let it preserve ...
A group of Ubisoft shareholders release an open letter demanding more clarity and the addition of some new terms in the recent Tencent deal.