Recent details suggested Ubisoft was being circled by several private equity firms, and Ubisoft itself has addressed the possibility it will be bought during a recent investor briefing.
Ubisoft looks to be readying itself to fight off a potential future takeover bid, according to a new report.
Today’s word of a potential deal with a private equity firm has seen Ubisoft stock rise 10 percent, although the company’s share price is still well below where it was a year ago.
Ubisoft famously fought off a hostile takeover bid by French media conglomerate Vivendi back in 2016, with a public campaign to keep itself independent at all costs.