Ubisoft Entertainment SA (UBSFY)
- Associated Press Finance
Ubisoft shares jump following reports of Tencent, Guillemot family considering buyout
Shares of Ubisoft jumped more than 30% Friday, following reports that Tencent and the Guillemot family are considering a buyout of the video game maker. Bloomberg news reported that Tencent and Guillemot family — minority stakeholders in Ubisoft — have been discussing ways to stabilize the company after it lost more than half its market value this year. Ubisoft declined to comment.
- Reuters
Tencent, Guillemot family mulling buyout of 'Assassin's Creed' maker Ubisoft, Bloomberg News reports
Guillemot Brothers and Tencent have been speaking with advisers to help bolster Ubisoft's value, and stabilize the company, Bloomberg said, citing people familiar with the matter. Ubisoft's shares surged nearly 30% after the report of the buyout.
- Reuters
Ubisoft shares set for biggest one-day jump on record after takeover report
LONDON (Reuters) -Shares in video game maker Ubisoft surged over 30% on Friday after Bloomberg reported that major shareholder Tencent and the Guillemot family, its founders, were considering a buyout of the company. Shares in the maker of "Assassin's Creed" were last up 27% at 13.54 euros, set for the biggest one-day jump on record. Ubisoft declined to comment on the report when contacted by Reuters.
