Tencent and Ubisoft founders the Guillemot family are reportedly considering teaming up to take the company private, after it lost more than half its market value this year.
According to Bloomberg sources, the Chinese conglomerate – which already owns around 10% of Ubisoft – and Guillemot Brothers Ltd have been speaking with advisers to explore ways to stabilize Ubisoft.
One of the possibilities discussed would involve teaming up to take Ubisoft private, it’s claimed, though talks are said to be at an early stage, and there’s no certainty they will lead to action.
