Recent reports from Bloomberg revealed that the Chinese tech giant Tencent and the Guillemot family are exploring the idea of acquiring Ubisoft, with one potential option being to take the company private. A spokesperson for Ubisoft indirectly acknowledged these discussions in a statement to VGC.
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October 4 ⋅ 32
News: Tencent and Guillemot family in talks to potentially purchase Ubisoft
Ubisoft has taken notice of recent speculation in the media regarding potential interest in the company. We continuously assess strategic opportunities for our shareholders and will communicate any relevant updates when appropriate.
Statement from a representative of Ubisoft
Additionally, it was mentioned by the press office that Ubisoft‘s current focus lies on executing its existing strategy, centered around developing open-world adventures and gaming services.
It’s worth noting that last month saw a significant drop in Ubisoft‘s stock value, hitting an 11-year low. This decline made the studio an attractive target for potential buyers like Tencent. While discussions between Tencent and the Guillemot family are still preliminary, news of their interest caused a surge in Ubisoft’s shares by nearly 40% compared to previous weeks.
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Source: stopgame.ru