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Tencent’s $1.25B investment boosts Ubisoft’s growth, strengthens its balance sheet, and unlocks Asian market potential with a ...
Yesterday's carnage on world stock exchanges did not bypass Ubisoft, as its valuation hit its lowest level in 12 years.
As Ubisoft struggles financially, Assassin’s Creed Shadows may be its last chance to prove independence before a possible acquisition.
Guillemot Brothers Holding’s voting rights be limited to their non-Tencent-linked shares. The market’s reaction to this deal is clear that shareholders are not sure whether they will get a ...
Investors are also calling for Tencent to be excluded from voting on the transaction because of its direct stake in the negotiation outcome. Furthermore, they seek to restrict the voting rights of ...
Shareholders also want to limit the voting power of the Guillemot family ... to hold a vote over two resolutions regarding the recent Tencent deal. The first is to restructure it as a direct ...
The internal memo from Ubisoft CEO Yves Guillemot regarding that announcement ... agreement with one of our trusted shareholders, Tencent, with whom we have a solid relationship.
Tencent cannot increase its stake for the next five years -- unless Ubisoft loses its majority in the mean time. Chief executive Yves Guillemot called the step a "new chapter in (Ubisoft's) history".
"However, to get the most from these franchises, I expect Tencent to have a stronger influence in cross-platform expansion." The Guillemot family, Ubisoft's founders and largest shareholders, ...
In a bid to recover from underperformance by some of the company’s main titles, the Guillemot family ... its third quarter net bookings had fallen by 52% year-on-year. “The Tencent deal is a strategic ...
The subsidiary will develop the three franchises and help Ubisoft strengthen its balance sheet, CEO Yves Guillemot said in a statement on ... its efforts to improve its balance sheet were positive.
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