The Guillemot family said to be involved
- by Ben Kerry 24m ago
You may have read reports recently on the state of Ubisoft and its financials following the release of Star Wars Outlaws - heck, it all seems to have had an effect on Assassin's Creed Shadows and its sudden delay. Well, it sounds like the company could massively change course in the future, if a new Bloomberg report is accurate.
The report, which has dropped today, claims that Tencent and the Guillemont family are considering a buyout of Ubisoft and taking the company private. The two parties would have full ownership of the company if it were to go ahead.
"The Chinese tech company and Guillemot Brothers Ltd. have been speaking with advisers to help explore ways to stabilize Ubisoft and bolster its value, the people said, asked not to be identified discussing a private matter. One of the possibilities being discussed would involve teaming up to take the company private,"
However, the report stresses that "Tencent and the Guillemot family are also considering other alternatives", so this move to go private is by no means a lock-in just yet. Bloomberg also states that "Ubisoft shares rose as much as 33% in Paris" when its report hit the web, hinting that there's investor appetite for big change at the French game maker.
We'll be keeping our eyes on this one as it develops - reports of changing ownership at Ubisoft aren't new and we've heard about them multiple times in the past. This report does add some weight to current speculation though, and it'll be interesting to see what happens next. We do know, as previously mentioned, that the company's next Assassin's Creed game has recently been delayed into 2025.