Some Ubisoft shareholders want the company to renegotiate its recent deal with Tencent, expressing concerns over unclear benefits. Assassin's Creed Shadows has been one of the best-selling games ...

Ubisoft has announced a new mega-deal with Tencent; the Chinese firm invested roughly $1.2 billion into a new Ubisoft subsidiary in exchange for 25% of stake in the group. The internal memo from ...

Ubisoft is restructuring its operations by spinning off its top game franchises into a new subsidiary with a significant €1.16 billion investment from Tencent. The move, aimed at enhancing game ...

“Assassin’s Creed” and other key Ubisoft assets are being spun off into their own company, with investment from Tencent Ubisoft is still a big player in the transmedia space, developing a ...

Ubisoft’s Assassin’s Creed, Rainbow Six, and Far Cry franchises are now part of a separate company, jointly owned by Tencent. Thanks to the rather dismal 2024 that Ubisoft had, the company was ...

Ubisoft shares rose more than 10 per cent on Friday (Mar 28) after the French video game maker announced plans to set up a subsidiary in which Tencent will invest €1.16 billion.

The French company said that Tencent will invest 1.16 billion euros ($1.26 billion) in the new unit in exchange for a stake of about 25%. In a bid to recover from underperformance by some of the ...

The deal to create the subsidiary was valued at $4.3 billion. However, 25% of the new division’s shares were acquired by the Chinese giant Tencent, which is investing $1.3 billion. The company owns ...

The deal, unveiled this week, includes a $1.25 billion investment from Tencent for a 25% minority stake in the new subsidiary. The subsidiary will also have its own board of directors and a ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese technology giant Tencent is taking a €1.2bn stake in a new spin-off from Ubisoft, as the ...

(Reuters) - Ubisoft shares rose more than 10% on Friday after the French video game maker announced plans to set up a subsidiary in which Tencent will invest 1.16 billion euros. The creator of ...

Unlike its neighbour, the independent country of Papua New Guinea, West Papua’s cultural history is poorly understood. But now, for the first time, we have recorded this history in detail ...