If we pay attention to information from a well-known media outlet, Ubisoft is about to stop being a public company and return to privacy. That’s after this publisher and developer lost more than half of its market value throughout the year.
Apparently this would be a strategy followed by Guillemot Brothers Ltd, the company that belongs to the family of Yves Guillemot, current president and CEO, and Tencent, which is also involved.
The idea of acquiring the majority of Ubisoft shares by both companies would be part of the recommendations of the advisors they have consulted. Why is the company resorting to this measure?
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Apparently one of its investors published an open letter in September 2024. There he expressed that he was very dissatisfied with the direction of the company, due to its performance and strategic direction. He also suggested a solution.
That was for Ubisoft to become a private company again, and classified it as ‘a great company’. But he also said that he was ‘deeply undervalued’. All due to the mismanagement of the Guillemot family and Tencent.
So your advice is being taken into account, but not in the way you would have expected. Tencent, in 2022, had 49.9% of the shares of Guillemot Brothers Ltd, and at the end of April 9.2% of the French publisher.
This is why you have the voting power to define the future that Ubisoft will follow. Information about taking the company private is only in the initial stage. Both Tencent and the Guillemot family are looking at other options before taking such a step.
But what do the creators of Assassin’s Creed, Prince of Persia and other series? At the moment they are not open to sharing any comments. Surely the negotiations are being carried out in secret.
Among other news, learn a little more about the new season of XDefiant and take a look at an interesting preview of Assassin’s Creed Shadows.
With details from Bloomberg. Apart from Ubisoft we have more video game information at TierraGamer. Follow our news on Google News so as not to miss any.
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