Diamond Member Pelican Press 0 Posted October 4, 2024 Diamond Member Share Posted October 4, 2024 This is the hidden content, please Sign In or Sign Up Ubisoft Is Reportedly Considering A Major Change To Its Structure data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw== Ubisoft and Tencent are reportedly considering different options in order to stabilize the business and prevent further stock-price drops. According to This is the hidden content, please Sign In or Sign Up , Ubisoft’s Guillemot family and Tencent have reportedly discussed turning Ubisoft private, or even Tencent potentially buying out the company. These discussions are reportedly still at an early stage, so it might be a while before we see any results. There’s also no guarantee that the discussions will bear fruit, but Tencent and the Guillemot family are reportedly open to other alternatives. Tencent owned 9.2% of Ubisoft’s net voting rights at the end of April, and currently holds 49.9% of the Guillemot Brothers’ holding company’s indirect stake. Minor shareholder and hedge fund AJ Investments published an open letter last month asking Ubisoft to go private and change its strategy. Last month, Ubisoft’s shares sunk to its lowest since 2015, falling by 12.6% after Star Wars Outlaws released to lower-than-expected sales. Ubisoft also delayed *********’s Creed Shadows from November 15 to February 14, 2025, taking the feedback it learned from the release of Star Wars Outlaws. In the meantime, Ubisoft is also bringing its games back to Steam at launch in an effort to get more people to buy them. This is the hidden content, please Sign In or Sign Up #Ubisoft #Reportedly #Major #Change #Structure This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/142130-ubisoft-is-reportedly-considering-a-major-change-to-its-structure/ Share on other sites More sharing options...
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