04.05.2022

Report: Guillemot family wants to maintain rein at Ubisoft and prevent potential takeover attempts

The Guillemot family, which founded Ubisoft, is now reportedly considering partnering with a private equity firm. They want to acquire the company in the wake of the latest takeover talks.

Ubisoft will oppose a takeover from any strategic buyers, according to Dealreporter (via Seeking Alpha).

The Guillemot family, which currently owns 15.9% of shares, might be looking forward to partnering with a private equity firm to acquire the company. This would help them maintain control over Ubisoft.

The report follows a Bloomberg article claiming that Blackstone and KKR were among private equity firms to look at the French publisher as a potential acquisition target. However, no talks or serious negotiations have been made at this point.

Ubisoft was founded in 1986 by the Guillemot brothers, including Yves Guillemot, who currently serves as the publisher’s CEO. He previously stated that Ubisoft had no plans to sell out to another firm or company, saying that the Assassin’s Creed maker could remain independent.

Comments
Write a comment...
Related news