Tencent and Guillemot Family Consider Joint Ubisoft Venture

Reported about 4 hours ago

Tencent Holdings and the Guillemot family, founders of Ubisoft, are exploring a partnership to create a new venture that would include certain Ubisoft assets, aiming to enhance the company's value. This collaboration could provide Tencent with a stake and greater control over Ubisoft's intellectual properties. However, no final decisions have yet been reached, and discussions are still in progress amid a significant decline in Ubisoft's market value.

Source: YAHOO

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