this post was submitted on 15 Jan 2025
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The original was posted on /r/gamingleaksandrumours by /u/-LastGrail- on 2025-01-15 09:54:59+00:00.


Key Quotes:

"Tencent Holdings Ltd. and Ubisoft Entertainment SA's founding Guillemot family are considering creating a new venture that would include certain Ubisoft assets as they seek to boost the French video-game company's value, people familiar with the situation said.

The Chinese technology firm and the Guillemot family are evaluating which assets to include in a new entity and their valuation, the people said, asking not to be identified because the deliberations are private. A potential deal would allow Tencent to own a stake in the venture and gain more control over some of Ubisoft's intellectual properties, while boosting its video game business outside of China, the people said.

Deliberations are ongoing and no final decisions have been made, the people said. A representative for Tencent declined to comment. A spokesperson for Ubisoft referred to the company's Jan. 9 announcement, when it said it had appointed advisors to review and pursue various options to boost value, declining to comment until that process has been completed.

Bloomberg News reported in October that Tencent and the Guillemot family were speaking with advisers on ways to stabilize Ubisoft and bolster its value after its share price plunged. A buyout was one of the options under consideration, people familiar with the matter have said."

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