(CercleFinance.com) – Ubisoft announces the acquisition of a minority stake by Tencent in the capital of Guillemot Brothers Limited and its entry into the concert of the founders of the Company.
Tencent’s investment in Guillemot Brothers Limited amounts to 300 ME (200 ME of acquisition of securities and 100 ME of capital increase), showing a value by transparency of Ubisoft at 80E per share.
Tencent also granted a long-term, unsecured loan to Guillemot Brothers Limited, allowing it to refinance its debt and provide additional financial resources that can be used to increase Ubisoft’s capital.
‘ The expansion of the concert with Tencent strengthens the anchoring of Ubisoft’s reference shareholding around its founders and provides it with essential stability for its long-term development. ‘ commented Yves Guillemot, Chairman and CEO of Ubisoft.
“Tencent is indeed a reference partner-shareholder for many leaders, who have created some of the most exceptional games in the industry. This transaction reinforces our ability to create strong value over the coming years. ‘
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