In light of these circumstances, AJ Investments, a hedge fund that is increasing its ownership of Ubisoft, has publicly advised the company to go private.
The investor believes Ubisoft’s shares are currently undervalued and should be worth between €40 and €45 each. In a letter to Ubisoft’s management, AJ Investments voiced worries about the company’s future and criticized its current leaders.
The hedge fund claims Ubisoft’s leaders are too focused on short-term profits, neglecting long-term planning. The investor argues that this focus harms both shareholders and the quality of the gaming experience Ubisoft provides.
Ubisoft Faces Pressure to Go Private as Share Prices Plummet
Ubisoft faces pressure from AJ Investments, a significant minority shareholder, to go private as its stock hits a 10-year low.
tech4gamers.com