The Guillemot family and Tencent might buy Ubisoft and remove it from the market

  • 📰 SInow
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Big changes might be in store for Ubisoft, as the Guillemot family and Tencent are reportedly planning to buy Ubisoft and take it off the public market.

Sources familiar with the matter toldthat representatives from both companies – Tencent and Guillemot Brothers Ltd, run by the same Guillemot family who helped found Ubisoft – have spoken with financial advisors about possible buyout plans, though these discussions are still in eary stages and may not result in a transaction.Tencent currently owns 9.2 percent of Ubisoft, while Guillemot Brothers Ltd owns 20 percent. In 2022, Tencent bought a 49.

Star Wars Outlaws’ sales were hardly the only disappointment for Ubisoft in 2024. Skull and Bones launched after years of delays to poor critical reception, and while Ubisoft praised it at the time for setting new player engagement records – thanks in part to a free trial – it seems those numbers have dropped off considerably. AfterJosh is a freelance writer and reporter who specializes in guides, reviews, and whatever else he can convince someone to commission.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 273. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines