Home News Guillemot Family and Tencent Reportedly Considering Ubisoft Buyout

Guillemot Family and Tencent Reportedly Considering Ubisoft Buyout

Ubisoft is reportedly considering a buyout as it struggles with declining performance. The French gaming company has faced challenges, including disappointing sales of Star Wars Outlaws and the delayed release of Assassin’s Creed Shadows to 2025. These issues have contributed to the significant drop in Ubisoft’s share value.

According to Bloomberg, the Guillemot Family, founders of Ubisoft, and Chinese tech giant Tencent are exploring a buyout option to stabilize the company. The Guillemot Family currently holds over 20% of the voting rights, while Tencent controls 9.2%. The two parties have been discussing options with advisers, though no final decision has been made.

AJ Investments, a hedge fund with a 1% stake in Ubisoft, has also called for the resignation of CEO Yves Guillemot, citing support from 10% of other shareholders.

The potential buyout news has already boosted Ubisoft’s stock price by over 25%. Neither Ubisoft nor the Guillemot family have commented on the situation, while Tencent has yet to respond. Further developments are expected.

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Sai T.

Sai is a social media manager and senior web content creator who spends his days juggling game research, deadlines, and the usual existential crisis. When he isn’t crafting content that hopefully goes viral, he’s a dedicated single parent doing his best to navigate work life balance. And in the rare moments when free time actually appears, he’s usually found with his two dogs, who are fully convinced they’re the ones in charge.