Tencent and Guillemot Family Consider Acquiring Ubisoft (UBI)
TCEHYTENCENT(TCEHY) Gurufocus·2024-10-04 22:11

Sources reveal that Tencent and France's Guillemot family are contemplating a potential acquisition of Ubisoft (UBI, Financial). However, discussions are at an early stage and may not result in a transaction. One option under consideration is a joint effort to privatize the company.Ubisoft's shares in the European market have declined by 54% this year, giving the company a market value of approximately 1.4 billion euros (1.5 billion dollars). According to the latest announcement from Ubisoft, Tencent holds ...