Ubisoft is becoming more and more Chinese, it's official, the Guillemot family is joining forces with Tencent

    The August rumors relayed by Reuters were obviously true: the Guillemot brothers had indeed met the Chinese giant Tencent earlier in the year (in May according to certain rumours) with a view to taking a stake in the capital of Ubisoft. What we have known for a few minutes now, since it is now official, is that the French company has authorized Tencent to invest close to 300 million euros in the family holding Guillemot Brothers, which represents 49,9, 80% of the capital of the latter. This operation was carried out on the basis of a value of €6 per share for the Ubisoft share, i.e. nearly double the closing price on Tuesday, September 43,5, which was valued at €XNUMX. A boon for the Guillemot family which specifies however that "Guillemot Brothers Limited remains exclusively controlled by it, that Tencent will not be represented on the board of directors and will have no right of approval or operational veto".

    Ubisoft is becoming more and more Chinese, it's official, the Guillemot family is joining forces with Tencent

    In addition to this operation, Ubisoft's board of directors has authorized Tencent to increase its direct stake from 4,5% to 9,99%, with the prohibition for the Chinese group to sell its Ubisoft shares for 5 years. , and will also not be able to increase its stake beyond 9,99% of Ubisoft's capital and voting rights for 8 years. The Chinese firm therefore remains in the minority, but this should be understood as a friendly rapprochement to gauge the future possibilities for the two companies. Like NetEase with Quantic Dream, which invested 100 million euros in 2019 before entirely swallowing up the studio co-founded by David Cage a few days ago, the Guillemot brothers no doubt want to ensure good understanding. with Tencent. Indeed, for Yves Guillemot, as for the rest of the Breton family, the idea is to keep control of Ubisoft, while taking advantage of attractive financial funds to better develop in the future. We understand better why Ubisoft had curled up on itself in recent months, before announcements of mobile games for certain flagship licenses and a new way of approaching certain titles like Assassin's Creed. 

     





    Unlike Vivendi several years ago which had attempted a hostile takeover, the Guillemot brothers are making the Chinese of Tencent real allies; for a brighter future?

    Ubisoft is becoming more and more Chinese, it's official, the Guillemot family is joining forces with Tencent

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