Global News Select

Tencent, Guillemot Family Weigh Taking Ubisoft Private, Bloomberg Says, Citing Sources

--Chinese internet giant Tencent Holdings and the Guillemot family that founded Ubisoft Entertainment are considering a potential buyout of the Assassin's Creed maker, Bloomberg reports, citing people familiar with the matter.

--Tencent and the Guillemot family have consulted advisors to assess options, including teaming up to take the company private, Bloomberg reports.

--Spokespeople for Ubisoft and the Guillemot family declined to comment to Bloomberg, while a representative for Tencent couldn't comment during a holiday week in China.

 

Full story: https://shorturl.at/B47wb

 

Write to Mauro Orru at mauro.orru@wsj.com

 

(END) Dow Jones Newswires

October 04, 2024 10:38 ET (14:38 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Market Updates

Sponsor Center