The Chinese giant would offer to buy the shares of the Guillemot family on a valuation of 12.7 billion.
New major movement in sight in the video game sector. According to Reuters, Chinese media giant Tencent wants to increase its stake in French video game studio Ubisoft. Having entered the capital in 2018, he already holds a minority share of 5% of the company.
According to Reuters, Tencent is considering a buyout of all or part of the 15% owned by the Guillemot family. And he does not refrain from buying the shares of the other shareholders who hold 80% of the capital. “Tencent could offer up to 100 euros ($101.84) per share to acquire this additional stake “, explains Reuters. At 100 euros, Ubisoft’s market value would reach 12.7 billion euros
Read alsoVideo games: the insatiable appetite of the Chinese ogre Tencent for studios
The publication of the Reuters article caused Ubisoft’s stock to soar. The value of the stock listed on the Paris Stock Exchange jumped 12.5% in the hours that followed to reach a market capitalization of 6 billion euros. This price of the possible offer “well…
This article is for subscribers only. You have 76% left to discover.
Cultivating your freedom is cultivating your curiosity.
Keep reading your article for €0.99 for the first month
Already subscribed? Login