Ubisoft shares skyrocket 33% after report Tencent, Guillemot family considering buyout

https://www.cnbc.com/2024/10/04/ubisoft-shares-skyrocket-after-report-tencent-guillemot-family-considering-buyout.html

18 points · 5 comments · view on lemmy.world

5 Comments

gwindli@lemy.lol · 42 pts · 1y (1 reply)

as much as i dislike Ubisoft, i'd really rather Tencent didnt end up owning the whole gaming industry.

SharkAttak@kbin.melroy.org · 2 pts · 1y

I don't know if buying a sinking ship will help them much in that regard.

HorreC@lemmy.world · 18 pts · 1y (1 reply)

so they think adding tencent will HELP things there?? I cant wait to pay to unlock towers to climb.

ILikeBoobies@lemmy.ca · 7 pts · 1y

No but if you’re being bought out then you could get higher value than the stock is worth

RightHandOfIkaros@lemmy.world · 4 pts · 1y

Of course the Guillemot family wants to keep their control of Ubisoft. If they do and the company goes private, Ubisoft is still going to die.