“The Chinese tech company and Guillemot Brothers Ltd. have been speaking with advisers to help explore ways to stabilize Ubisoft and bolster its value,” the Bloomberg report states.
“Tencent and the Guillemot family are also considering other alternatives,” sources told Bloomberg.
It’s said that one of the options on the table would involve taking the company private. That said, talks are “at an early stage” with no certainty that an agreement will be reached.
“Tencent and the Guillemot family are also considering other alternatives,” sources told Bloomberg.
Ubisoft Considering Buyout With Tencent To Take Company Private
A new report claims that Ubisoft is considering the possibility of a buyout with Chinese tech company Tencent.
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