Reuters: Tencent intends to increase its stake in Ubisoft
Chinese giant Tencent wants to become the largest shareholder of Ubisoft. According to Reuters, citing its own sources, the company plans to buy part of the stake from the Guillemot family, which now owns 15% of the shares.
Tencent is expected to pay €100 per share. At the time of writing the news, Ubisoft shares are trading at a price of €47.7 per share, which is already 13% more than it was during the opening of the exchange.
Tencent now controls 5% of Ubisoft.
