Ubisoft acquisition talks continue, Tencent reportedly hesitant to increase stake in the company

PANews reported on December 8 that according to Reuters, the acquisition negotiations of Ubisoft are still continuing, and the Guillemot family, the owner of Ubisoft, is still discussing the acquisition of the company with Tencent and other investors. Tencent is still hesitant about whether to increase its stake in the company, but Tencent's negotiations are designed to prevent "any potential hostile takeover of Ubisoft by other investors." Earlier news said that Ubisoft intends to be privatized after being acquired by Tencent. Tencent is Ubisoft's second largest shareholder, holding 10% of the shares. Tencent currently refuses to comment on the matter.

It is reported that Ubisoft has entered the field of blockchain games. Its first Web3 game "Champions Tactics: Grimoria Chronicles" has been launched. It has also discussed cooperation with the Arbitrum Foundation and Sequence to build Web3 games, and has invested in the blockchain game studio Cometh.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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