Rumor: Tencent will buy some shares of Ubisoft. The Chinese giant will become an even bigger figure in the gaming industry
There are periodic reports online that Ubisoft does not exclude the possibility of merging with other major companies. Publisher CEO Yves Guillemot has repeatedly hinted that he would consider any business offers.
Reuters, citing its own sources, reports, that the most likely buyer of a significant portion of Ubisoft shares is the Chinese game corporation Tencent, which already owns stakes in Epic Games, Riot Games, Supercell, Frontier Developments and many other video game industry giants.
According to Reuters, the Chinese are in active talks with the management of Ubisoft, and it is likely that their 5% of the existing shares of the French company, will be added by the assets of Tencent up to 15%.
It is worth noting that even with the deal done, the Chinese giant will not get a controlling package of shares in Ubisoft because the vast majority of securities are owned by public shareholders. It is likely that Tencent will also offer them to sell their stake, but it is too early to tell.