Amidst a string of cancellations, game delays, major titles failing to perform to expectations, and consistent and significant declines in share prices, Ubisoft finds itself on shaky ground, to say the very least.
As per the report, Ubisoft and Tencent are considering a buyout of the former by the latter to take Ubisoft private.
Tencent acquired a 49.9 percent stake in Ubisoft in 2022, with the former also getting 5 percent voting rights.
As per a new report by Bloomberg, however, the company may be considering a sale as a way out.