Report: Tencent Wants To Expand Its Empire By Becoming Ubisoft’s Biggest Shareholder

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Report: Tencent wants to expand its empire by becoming Ubisoft’s biggest shareholder:

or were forced to resign, and Guillemot’s ownA deal like this would be one way to ease the transition.reports that Tencent is willing to pay up to nearly $104 a share, more than double what Ubisoft’s stock is currently worth. Some of those shares would come directly from the Guillemot family, which founded Ubisoft in 1986, and currently own roughly 15 percent of it. Others would come from the rest of the public which holds about 80 percent.

Tencent’s current 5 percent stake came as part of a 2018 deal in which it helped the publisher fend off a hostile takeover attempt by French media conglomerate Vivendi. At the time, Tencent was prohibited from increasing its ownership. That limitation expired earlier this year, however.reports that Tencent executives visited the Guillemot family in May to outline what a potential deal would look like.

 

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Plez don't they will ruin everything they touched

Yay as long as they make assassins creed good again

No thankssssss

As long as it's not Microsoft!

If that happens, guess I’ll have to break up with Ubisoft.

Oh god plz no

I'm not quite sure how Ubisoft could become any more deplorable, they already charge 10% of a 60$(standard price) AAA game for skins and weapons that should of been in the game to begin with. Good riddance lmao

Ubisoft already copy and steal like the chinese so how would tencent leadership change anything

Nice run Ubisoft, we’ll miss you.

inject moar chinese into my vein.

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