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Ubisoft shares surged on Friday after the French video game publisher announced a deal to spin out some of its best-selling ...
As outlined in Ubisoft's press release about this deal, Tencent has agreed to invest €1.16bn for a "minority stake" of around ...
Ubisoft now officially has a €1.16 billion life jacket from Tencent, but it comes with the cost of a few beloved IPs and the ...
One of France’s most recognizable exports gets a lifeline.
While the launch of Assassin’s Creed Shadows has gone swimmingly ... of over a billion dollars from Chinese mega corporation Tencent. Rumors that Ubisoft may separate or even sell off some ...
Ubisoft Entertainment is restructuring its business by creating a new subsidiary focused on Assassin's Creed, Far Cry, and ...
Ubisoft are attempting to turn around their fortunes, with the creation of a new subsidiary with funding help from Tencent.
Further information revealed by Tom Henderson shows that Ubisof's investors have decided to take matters into their own hands ...
Chinese tech giant Tencent will invest €1.16 billion ($1.25 billion) for a 25% stake in the newly formed unit, which will ...
Tencent's investment in the new subsidiary values it at €4 billion, implying a four-times multiple based on its average sales ...
Chinese tech titan Tencent is set to invest $1.25 billion in French video game maker Ubisoft, in exchange for a 25% stake in ...
Tencent will invest 1.16 billion euros ($1. ... s Far Cry and Tom Clancy’s Rainbow Six brands in addition to Assassin’s Creed. The deal values the unit at an enterprise value–including ...