Tencent is reportedly looking to acquire a larger stake in French publisher Ubisoft.
publisher, is seeking a larger share of the company and has “reached out to the French firm’s founding Guillemot family and expressed interest in increasing its stake in the firm”.
However, Reuters notes that it’s unclear how much more of the company Tencent wishes to purchase. Ubisoft is currently valued at $5.3 billion.The Guillemot family, including CEO Yves, owns 15% of the company. Three of the sources speaking to Reuters claimed that this is part of the company that Tencent seeks to acquire.
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