(Bloomberg) -- Tencent Holdings Ltd. and Ubisoft Entertainment SA’s founding Guillemot family are considering creating a new venture that would include certain Ubisoft assets as they seek to ...

The internal memo from Ubisoft CEO Yves Guillemot regarding that announcement ... agreement with one of our trusted shareholders, Tencent, with whom we have a solid relationship.

It will also seemingly leave the Guillemot family in control, which was reportedly a sticking point in negotiations: Tencent will hold a minority stake in the venture of roughly 25%, with an ...

into a separate subsidiary thanks to a $1.25 billion investment from Chinese conglomerate Tencent. The massive deal allows the founding Guillemot family to remain in control of the publisher ...

Ubisoft says the new subsidiary, backed by Tencent’s investment, “will drive further increases in quality of narrative solo experiences, expand multiplayer offerings with increased frequency of ...

That followed reporting from Bloomberg last year that Tencent was discussing a possible take-private deal with Ubisoft's founding Guillemot family. News of the transaction also arrives a week ...

Ubisoft shares reversed gains in afternoon trade on Friday after rising as much as 12% earlier on plans to set up a subsidiary to house three of its popular video game franchises.

Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game giant ...

Tencent will invest $1.3 billion in a new entity ... long-term growth and success,” Ubisoft co-founder and CEO Yves Guillemot, says in the press release. Ubisoft released Assassin’s Creed ...

“Today Ubisoft is opening a new chapter in its history,” Yves Guillemot, the co-founder and ... our largest franchises and the onboarding of Tencent as a minority investor, we are crystalizing ...