PARIS, Sept 7 — Chinese tech giant Tencent is partnering with the founders of French games giant Ubisoft via a €300 million investment in their holding company, a statement said yesterday.
Tencent’s investment is set to enable Guillemot Brothers Limited to increase its stake in the publicly listed group to 19.8 per cent, giving them 24.9 per cent of voting rights, the statement said. The world’s biggest games maker, owner of Riot Games and Supercell, was said by the Reuters news agency to be interested in buying the Guillemot’s stake directly.
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