Ubisoft shares fell by 14.4%. It's all about Tencent's deal with the company's founders

Last night it became known that Tencent is going to invest €300 million in Guillemot Brothers Limited, a company owned by the founders of Ubisoft. As a result of the deal, the Chinese giant will not only receive 49.9% of the shares of this company, but will also increase its stake directly in Ubisoft to 9.99%.

According to Reuters, investors fear that now other companies have lost interest in the full purchase of Ubisoft.

Source:

Reuters
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