Tencent Holdings Ltd. removed two directors it appointed to the board of Epic Games Inc. after the US Justice Department deemed the positions a violation of antitrust laws. China’s most valuable ...
As reported by GamesIndustry.biz, the Guillemots are trying to make this deal with TenCent, currently Ubisoft’s biggest outside investor. TenCent currently owns 10 % of the company. TenCent is ...
The Guillemots have been in talks with both Tencent and “other investors” to find a way forward that would allow Tencent — Ubisoft’s second largest shareholder — to increase its stake.
Reuters reports that the Guillemot family--which owns the largest stake in Ubisoft--is talking to Tencent and other financial partners to try to find a way to fund a "management-led buyout." ...
TL;DR: Ubisoft is in discussions with Tencent for a potential buyout, aiming to maintain control with the Guillemot family, its largest shareholder. Tencent, holding a 10% stake, seeks more ...
Not too long after that, a report appeared pointing to the Guillemot’s and Tencent discussing plans to buyout the company and take it private. Now another report, this time from Reuters ...
Ubisoft is continuing its talks with Chinese giant Tencent over a possible buyout deal that would take the Assassin's Creed maker private, a new report states. The move - first mooted last month ...
The Guillemot family, which is the largest and founding shareholder of Ubisoft, has reportedly been in talks with Tencent, which owns a 10 percent stake in the company, and other shareholders in ...
and it has a PC game distribution platform called Epic Games Store that competes with Valve Corp.’s Steam. Tencent and PlayStation maker Sony Group Corp. have both invested significantly in Epic ...
Tencent Holdings Ltd. removed two directors it appointed to the board of Epic Games Inc. after the US Justice Department ...