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Tencent buys into the Ubisoft owners' holding company



The acquisitions in the gaming industry continue, and this time it is once again Chinese Tencent that has the spending pants on. Now they have invested approximately three billion dollars in buying 49.9 percent of Guillemot Brothers Limited – the holding company of the Ubisoft founding Guillemot brothers, which also owns the majority of their Ubisoft shares. It also entitles Tencent to 5 percent of the voting rights in Guillemot Brothers Limited.

However, more investments in France may become relevant, as Tencent has also been given the green light to increase its direct ownership of Ubisoft from 4.5 to 9.99 percent. After that, however, they must wait at least eight years before increasing their ownership. They are guaranteed to take advantage of this, as it was previously said that they want to buy more of Ubisoft.

It has long been rumored that Ubisoft might be acquired, and management's response has basically been that they have no problem continuing to operate independently, but that they will consider any offers that come their way.


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