Ubisoft jumps on the stock market, Tencent would like to increase its stake


PARIS (Agefi-Dow Jones)– Ubisoft shares jumped on the stock market, in the wake of information from the Reuters agency according to which the Chinese group Tencent would like to increase its stake in the capital of the French video game publisher.

At 12:40 p.m., Ubisoft shares rose 12.20% to 47.15 euros, allowing the group to post a capitalization of 6 billion euros.

If the level of participation targeted by Tencent is not specified, Reuters indicates that the Chinese group could offer up to 100 euros per share.

“We do not comment,” said a spokesperson for Ubisoft, contacted by the agency Agefi-Dow Jones.

Tencent had acquired a 5% stake in Ubisoft’s capital in 2018. According to data published on the Euronext site, and dated July 25, Ubisoft’s free float reaches around 80% and the Guillemot family owns 15, 4% from Ubisoft.

-Vincent Alsuar, Agefi-Dow Jones; 01 41 27 47 39; [email protected] ed: FXS

Agefi-Dow Jones The financial newswire

Dow Jones Newswires

August 04, 2022 06:52 ET (10:52 GMT)



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