Ubisoft responds to rumors about Tencent’s potential buyout

Ubisoft is addressing rumors that Tencent is exploring a buyout of the French recreation writer — although it isn’t saying a lot proper now. In an announcement on Monday, Ubisoft mentioned it “frequently evaluations all its strategic choices within the curiosity of its stakeholders and can inform the market if and when applicable.”

One of many choices Ubisoft is contemplating is taking the corporate personal, in response to Bloomberg. Tencent, which presently has a couple of 10 % stake in Ubisoft, additionally owns 49.9 % of Guillemot Brothers Ltd. Ubisoft says it’s presently centered on open-world and live-service video games.