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Tencent and Guillemot family considering buyout of Ubisoft, report saysI’m considering buying out a pizza
I’m considering buying out a pizza
Image credit:Rock Paper Shotgun/Ubisoft
Image credit:Rock Paper Shotgun/Ubisoft
Ubisoft has had a rough year or more, losing almost half its share value in 2024 due to the underwhelming performance ofStar Wars Outlawsand the delay ofAssassin’s Creed Shadows, among other issues. Now Tencent and Ubisoft’s founders, the Guillemots, are considering buying out the publisher, reports say.
Other minority shareholders have beenspeaking out against the Guillemots' leadership of the company in recent months, pushing for the board to “take Ubisoft private or allow it to sell to strategic investor”.
Shareholders' frustrations had been growing for some time, but peaked following the"softer than expected" performance of Star Wars Outlaws. Ubisoft took the unusual decision in its wake to delay Assassin’s Creed Shadows, their tentpole release in Q4, despite the game being ready to ship, in favour of adding new features and story quests designed to bolster its reception when it now launches next February.
Ubisoft’s shares rose around 33% in the wake of Bloomberg News' report of the buyout being considered.
