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 ...

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 ...

Privacy experts slam Ubisoft for harvesting player data without consent in Assassin's Creed Shadows. A $104 million fine ...

(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 ...

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 said the company is committed to ... game platforms and create engaging new experiences for gamers", Tencent President Martin Lau said in a statement.

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 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 ...

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 Chinese firm currently holds almost 10% of the group's stock – a threshold it is not allowed to cross before 2030 – while the founding Guillemot family owns around 15%. Tencent's products ...

It will develop the three franchises and help Ubisoft strengthen its balance sheet, CEO Yves Guillemot said in a ... had fallen by 52% year-on-year. "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".