Will Ubisoft be acquired soon?  Chinese Tencent wants to get its hands on the French studio

Will Ubisoft be acquired soon? Chinese Tencent wants to get its hands on the French studio

Could Ubisoft be owned by the giant Tencent soon? Reuters says in any case that the Chinese company may become the majority shareholder of the French publisher. Currently, Tencent already owns 5% of Ubisoft’s capital.

Could a Ubisoft takeover be the next big thing in the video game world? Unlikely, according to Reuters. The press agency indicates that the French publisher may be bought by Chinese giant Tencent.

Tencent, which has held 5% of Ubisoft since 2018, would have an idea to be the majority shareholder. Ubisoft is worth $5.3 billion and is now one of the most powerful publishers in the world.

Tencent wants to get its hands on Ubisoft

Tencent would like, according to Reuters, to buy 15% of the company from the Guillemot family and he will be willing to pay 100 euros for each share, whether for Guillemot or a few other shareholders to get their hands on Ubisoft. An offer impossible to refuse, a move around 45 euros. By acquiring Ubisoft, Tencent will be acquiring the skills of more than 17,000 employees worldwide, but also a portfolio of licenses known and appreciated by the public such as Assassin’s Creed, Splinter Cell, Les Lapins Crétins, Far Cry. , Tom Clancy or Prince of Persia.

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Tencent is already well established in the world of video games, whether in China, its home country, or internationally, with studios such as Riot Games. Acquiring Ubisoft would be a bold move, but one that would promote it as one of the global market leaders. Let’s remember that the French company they have been looking for redemption for some time now. Bloomberg had reported that the company’s analysts had sought advice from several valuation firms for the transaction. So Tencent would be the lucky one.

Remember that at the beginning of the year, another activity made the news: the acquisition of Activision Blizzard and Microsoft for 69 billion dollars. Ubisoft’s takeover could also be significant for the industry, but it would still be surprising to reach such heights.

Source: Reuters