HawkInsight

  • Contact Us
  • App
  • English

Tencent and French Guillemot family consider buying Ubisoft

Network reports, October 4th news, according to Bloomberg News, sources said Tencent and the French Guillemot family are considering buying Ubisoft。The consideration of Ubisoft is understood to be at an early stage and may not lead to a deal。One of the possibilities being discussed is joining forces to take the company private, according to people familiar with the matter.。Ubisoft shares are down 54% this year and have a market capitalization of about 1.4 billion euros ($1.5 billion).。According to Ubisoft's latest announcement According to Ubisoft's latest announcement, Tencent held Ubisoft as of the end of April 9.2% of net voting rights, the Guillemot family holds about 20.5%。The news pushed Ubisoft shares up 10% and suspended trading.。Spokesmen for Ubisoft and the Guillemot family declined to comment。A Tencent representative was not immediately available for comment.。

Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More