Ubisoft Considering Buyout With Tencent To Take Company Private

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Ubisoft Considering Buyout With Tencent To Take Company Private

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October 4, 2024

A major change could be coming at Ubisoft sooner rather than later. According to a new report from

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, the founders of Ubisoft, the Guillemot family, are considering a buyout from Tencent.

The discussions come after what’s been the most tumultuous year in the company’s history. Ubisoft has seen its shares fall to 11-year lows, games like Star Wars Outlaws have struggled to sell, and its biggest franchise, *********’s Creed, has seen its next game delayed into 2025.

“The ******** tech company and Guillemot Brothers Ltd. have been speaking with advisers to help explore ways to stabilize Ubisoft and bolster its value,” the Bloomberg report states.

It’s said that one of the options on the table would involve taking the company private.

The idea of Ubisoft going private isn’t new. Recently, there’s been a major push from smaller investors to do just that. It’s even gotten support from at least 10% of the company’s shareholders.

Ubisoft nor Tencent have commented publicly on this report.

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For more Insider Gaming, read about the Games Done Quick event to support victims of Hurricane Helene in the ******* States

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