Ubisoft’s founding Guillemot family and Tencent are reportedly considering options for a potential buyout of the French video game company, according to people familiar with the matter who spoke with Bloomberg.
The Guillemot family and Tencent have been speaking with advisers to explore ways to stabilize Ubisoft and help bolster its value, which has lost over half of its market value this year. This is according to the people.
One of the possibilities would be to team up to take the company private. The last annual report revealed the Guillemot family owns about a 20.5 percent stake in Ubisoft, while Tencent owns 9.2 percent.
Some minority shareholders including AJ Investments have recently pushed for Ubisoft to take the company private or to sell the company to a strategic investor.
The people said the Guillemot family and Tencent are exploring other alternatives.
A life-long and avid gamer, William D’Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.
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