Ubisoft shares jump following reports of Tencent, Guillemot family considering buyout
- Tencent Holdings and the Guillemot family are exploring a buyout of Ubisoft after the company lost over half its market value this year, Bloomberg News reported.
- Shares of Ubisoft surged 33.5% to approximately $15.57 on Friday, due to the potential buyout discussions, according to FactSet.
- Tencent and the Guillemot family, minority stakeholders, are seeking to stabilize Ubisoft's value but have not commented on the reports.
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Total News Sources0
Leaning Left5Leaning Right2Center7Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 36%
C 50%
14%
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