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Ubisoft Appoints Advisors to Study Strategic Options
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Game company Ubisoft said it has hired advisors to review transformational strategic and capitalistic options to create best value for shareholders, with the process to be overseen by independent board members, according to foreign media. The Company will notify the market in due course if the deal is finalized. Previously, it was rumored that Ubisoft's two largest shareholders, TENCENT (00700.HK) and the Guillemot family, were considering a partnership to privatize Ubisoft and were in discussions with financial advisors to find a way to unlock Ubisoft's value. AAStocks Financial News |
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