Already well established in the world of video games around the world with its actions at Epic Games, Riot Games or even SuperCell, the sprawling Chinese company could still buy a studio. Tencent, despite their 5% already acquired at Ubisoft, would like to become a majority shareholder of the box. Reported by Reuters, the firm would have offered to buy back a good number of shares for a very good price. And that to all the shareholders of the French publisher.
Valued at more than 5.3 billion dollars, it is still the Guillemot family which is in control with 15% of the shares. In 2018, Tencent bought 5% of Ubisoft at the low price of €66 per share. To become the majority, they now offer €100 per share to each shareholder, 80% of which would be public. To achieve their ends, a document describing the basic terms of the buyout was given to the Guillemot family, with a price well above the current value of the shares.
With such an aggressive bid, Tencent hopes to secure a majority stake in the company. This would give them a new Western studio to take advantage of, but also additional revenue. They could thus add to their collection strong licenses such as Assassin’s Creed, far cry or just dance.