Tencent, Guillemot family said to consider buyout of Assassin’s Creed publisher Ubisoft

Quick Summary:

Shares of Ubisoft, in which Tencent has a direct stake, have fallen about 40 per cent this year amid weaker-than-expected sales.

Tencent and the Guillemot family are also considering other alternatives, according to the people.

Considerations are at an early stage and there is no certainty they will lead to a transaction.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: Hong Kong

Topics: Guillemot Tencent Ubisoft French Including Cent Considering People Company Family According

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-05 @ 11:42:35 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 251 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22891781

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