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TL;DR: Ubisoft CEO Yves Guillemot emphasized the ... Ubisoft has announced a new mega-deal with Tencent; the Chinese firm invested roughly $1.2 billion into a new Ubisoft subsidiary in exchange ...
Privacy experts slam Ubisoft for harvesting player data without consent in Assassin's Creed Shadows. A $104 million fine ...
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 ...
Guillemot stated that the deal will "crystallize ... nor is the fate of those not making the cut. For Tencent, doubling down on major Ubisoft franchises represents a renewed vote of confidence ...
Tencent and the Guillemot family are reportedly evaluating assets to include in a new entity and trying to determine their valuation, sources told Bloomberg, asking not to be identified because ...
(Bloomberg) -- Tencent Holdings Ltd. and Ubisoft Entertainment SA’s founding Guillemot family are considering creating a new venture that would include certain Ubisoft assets as they seek to ...
Guillemot said the company is committed to ... game platforms and create engaging new experiences for gamers", Tencent President Martin Lau said in a statement.
Tencent also has ~10% stake in Ubisoft 1, and purchased 49.9% stake in Ubisoft 1's majority shareholder Guillemot Bros. Ltd., which is run by Ubisoft's founding Guillemot family. Ubisoft workers ...
Ubisoft shares reversed gains in afternoon trade on Friday after rising as much as 12% earlier on plans to set up a subsidiary to house three of its popular video game franchises.
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 ...
The subsidiary will develop the three franchises and help Ubisoft strengthen its balance sheet, CEO Yves Guillemot said in ... sheet were positive. "The Tencent deal is a strategic corrective ...
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".