Ubisoft’s Response to Buyout Rumors: Not Confirming or Denying

Ubisoft has issued a statement addressing the rumors that Tencent is exploring a potential buyout of the French game publisher. While the company isn’t saying much, it’s clear that Ubisoft is taking a strategic approach to its future.

The Company’s Response

In a statement released on Monday, Ubisoft said it “regularly reviews all its strategic options in the interest of its stakeholders and will inform the market if and when appropriate.” This vague response leaves many questions unanswered, but it’s clear that Ubisoft is taking a cautious approach to its future.

Taking the Company Private

According to Bloomberg, one of the options Ubisoft is considering is taking the company private. This move would allow Ubisoft to operate independently, without the scrutiny of the public market. While this could be a beneficial move for the company, it’s also a significant departure from its current status as a publicly traded entity.

Tencent’s Involvement

Tencent, a Chinese conglomerate, currently owns around 10 percent of Ubisoft’s shares. In addition, Tencent has a significant stake in Guillemot Brothers Ltd, a company closely tied to Ubisoft. While Tencent’s involvement in Ubisoft’s future is unclear, it’s worth noting that the company has a significant presence in the gaming industry.

Ubisoft’s Focus on Open-World and Live-Service Games

Despite the rumors surrounding its future, Ubisoft remains focused on developing open-world and live-service games. These genres have been successful for the company in the past, and it’s likely that they will continue to play a significant role in Ubisoft’s future.

Key Takeaways:

• Ubisoft has issued a statement addressing rumors of a potential buyout, but has not confirmed or denied any specific deals.
• The company is considering various strategic options, including taking the company private.
• Tencent, a significant shareholder of Ubisoft, has a significant presence in the gaming industry.
• Ubisoft remains focused on developing open-world and live-service games.