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 ...

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 ...

Ubisoft is spinning off some of its top franchises, including "Assassin’s Creed," "Far Cry" and "Rainbow Six," into a new subsidiary funded by Tencent.

French videogame maker Ubisoft said on Thursday it has set up a subsidiary in which China's Tencent will invest 1.16 billion euros ($1.25 billion).

Tencent, the parent company behind VALORANT, and Riot Games, the developer behind League of Legends, have also invested in ...

“Today Ubisoft is opening a new chapter in its history,” Yves Guillemot, the co-founder and ... our largest franchises and the onboarding of Tencent as a minority investor, we are crystalizing ...

Shenzhen-based Tencent, which owns the popular messaging app WeChat, will hold about a quarter of a new subsidiary.

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.

Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game giant ...

into a separate subsidiary thanks to a $1.25 billion investment from Chinese conglomerate Tencent. The massive deal allows the founding Guillemot family to remain in control of the publisher ...