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TENCENT, Others Rumored to Acquire Ubisoft; Ubisoft: All Possibilities Being Regularly Evaluated
There are rumors suggesting that game developer Ubisoft might be further acquired or even privatized by the founding Guillemot family and TENCENT (00700.HK). Aware of the recent ci...
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TENCENT, Others Rumored to Acquire Ubisoft; Ubisoft: All Possibilities Being Regularly Evaluated
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There are rumors suggesting that game developer Ubisoft might be further acquired or even privatized by the founding Guillemot family and TENCENT (00700.HK)  0.000 (0.000%)    Short selling $242.29M; Ratio 3.496%   .

Aware of the recent circulating reports, Ubisoft issued a statement emphasizing that the company regularly evaluates all strategic development possibilities in order to protect stakeholders' interests, and will inform the market at an appropriate time.

Related NewsG Sachs: TENCENT (00700.HK) TP $521 in Base Case/ $574 If Incorporating in 2030-2035 Blue-sky Outlook
Ubisoft reaffirmed that the management is currently focused on executing the existing strategy, which is centered on expanding open-world adventures and Game as a Service (GaaS) native experiences.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-10-21 16:25.)

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