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Yesterday's carnage on world stock exchanges did not bypass Ubisoft, as its valuation hit its lowest level in 12 years.
As Ubisoft struggles financially, Assassin’s Creed Shadows may be its last chance to prove independence before a possible acquisition.
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Game Rant on MSNUbisoft Shareholders Demanding Renegotiation of Tencent DealA group of Ubisoft shareholders release an open letter demanding more clarity and the addition of some new terms in the ...
Further information revealed by Tom Henderson shows that Ubisof's investors have decided to take matters into their own hands ...
The internal memo from Ubisoft CEO Yves Guillemot regarding that announcement ... agreement with one of our trusted shareholders, Tencent, with whom we have a solid relationship.
Tencent cannot increase its stake for the next five years -- unless Ubisoft loses its majority in the mean time. Chief executive Yves Guillemot called the step a "new chapter in (Ubisoft's) history".
"However, to get the most from these franchises, I expect Tencent to have a stronger influence in cross-platform expansion." The Guillemot family, Ubisoft's founders and largest shareholders, ...
In a bid to recover from underperformance by some of the company’s main titles, the Guillemot family ... its third quarter net bookings had fallen by 52% year-on-year. “The Tencent deal is a strategic ...
The subsidiary will develop the three franchises and help Ubisoft strengthen its balance sheet, CEO Yves Guillemot said in a statement on ... its efforts to improve its balance sheet were positive.
Guillemot said the company is committed to ... game platforms and create engaging new experiences for gamers", Tencent President Martin Lau said in a statement.
Ubisoft is restructuring its operations by spinning off its top game franchises into a new subsidiary with a significant €1.16 billion investment from Tencent. The move, aimed at enhancing game ...
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