A Bloomberg report is claiming that Assassin’s Creed publisher Ubisoft is looking to establish a new gaming group with investors that would play home to some of its biggest IPs, with Chinese company Tencent among the possible candidates.
Ubisoft has reportedly requested that bids be made as soon as the end of March, although the company hasn’t issued comment on the report, instead referring the Bloomberg to its latest earnings call. Tencent currently owns 9.99% of Ubisoft’s shares, with the Guillemot family occupying 14% of the company.
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Back in October 2024, Bloomberg reported that Yves Guillemot, CEO of Ubisoft, alongside his family holdings and Tencent were looking to take the company private in a potential buyout. Furthermore, Guillemot and Tencent were both accused by AJ Investments of plummeting Ubisoft’s stock in order to gain control of the firm.
Earlier this week, AJ Investments, which owns a minority stake in Ubisoft, accused the company of failing to disclose details of alleged discussions the publisher had with EA and Microsoft about the possible acquisition of its major IPs. It aims to organise a protest outside of Ubisoft’s Paris HQ, with CEO Jura Krupa stating the French publisher is “horribly mismanaged.”
Ubisoft has had a bit of a rough year in terms of the performance of its titles, with Star Wars Outlaws failing to reach expectations both critically and commercially, resulting in the firm’s share prices falling to its lowest in nearly 10 years. Assassin’s Creed Shadows has also suffered numerous delays that pushed it out of its original November launch window, with the game now set to launch on March 20.
[Source – Bloomberg via VGC]
