Discussions about a joint purchase are in full swing.
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Discussion of joint buyout Ubisoft family Guillemots And Tencent According to Reuters, she faced a problem. The Chinese giant intends to demand from its partner a greater say in the management of the company through representation on the board of directors. However, current boss Yves Guillemot and the Guillemot Brothers do not want to lose control of the company.
Tencent owns a 10% stake in Ubisoft, which it considers potentially sufficient for a future relationship with the publisher. Increasing the rate is just one option for him. However, he would like to avoid a violent takeover of the company by minority shareholders and the rise of new management. Cooperation with Guillemot suits him, so now he is waiting to see if his colleague will change his mind and accept his conditions.
All companies involved have remained silent on official information, with the only repeated statement coming from Ubisoft: “We remain committed to making decisions in the best interests of all parties involved. In this context, as we have already stated, the company is also reviewing all its strategic options.”
This is one of the options proposed by shareholders.
Guillemot and Tencent began pursuing the acquisition of the entire company following shareholder pressure, which was noticed by the public in September this year. This was due to the low share price and the company’s overall weak financial performance. After failure Star Wars: Outlaws It was also recently announced that Ubisoft would stop supporting the ambitious shooter. XDefiant.
Source : Zing
