Blog

Ubisoft responds to rumors about Tencent’s potential buyout

Ubisoft is addressing rumors that Tencent is exploring a buyout of the French game publisher — though it isn’t saying much right now. In a statement on Monday, Ubisoft said it “regularly reviews all its strategic options in the interest of its stakeholders and will inform the market if and when appropriate.”

One of the options Ubisoft is considering is taking the company private, according to Bloomberg. Tencent, which currently has about a 10 percent stake in Ubisoft, also owns 49.9 percent of Guillemot Brothers Ltd. Ubisoft says it’s currently focused on open-world and live-service games.


Source link

Related Articles

Back to top button
close