Tencent is trying to become Ubisoft’s single-largest shareholder – overtaking that of the company’s founding Guillemot family.
Tencent already owns around five percent of Ubisoft (alongside chunks of dozens of other video game companies).
That’s according to a new Reuters report, which cites a number of sources close to the company with knowledge of ongoing discussions.
According to Reuters, Tencent has offered “way above” the company’s current share valuation in order to sweeten the deal – around €100 per share, close to the company’s previous best, from 2018.
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