Chinese giant Tencent plans to buy out French video game studio Ubisoft after shares fall 40% in 1 year

The idea of taking Ubisoft private isn’t new. In 2022, private equity firms like Blackstone and KKR were exploring potential bids for the company. Later that year, the Guillemot family partnered with Tencent, which acquired 49.9 per cent of the Guillemot family’s holding company


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