Chinese gaming giant Tencent is acquiring a stake in Ubisoft’s family holding. It can also double its stake in the Assassin's Creed publisher under the terms of a major strategic partnership
Ubisoft CEO Yves Guillemot said“Our overall position is clear and well known. As we said last February, we have everything we need to remain independent. We have the talent, the industrial and financial scale, and a large portfolio of powerful IPs to create massive value in the coming years.
“It has provided us with the plan to build strategic partnerships with the biggest players in entertainment and tech. The current speculation is putting in plain sight the real appeal and value of our assets and of our value creation potential., as a public listed company, it is best practice for our board to review any offer in the interest of all shareholders and of our great teams.
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