Tencent and Guillemot Brothers' Dispute Over Control of Ubisoft

Business Drama

09 December 2024 16:54

Ubisoft’s two largest shareholders are in ongoing discussions about a potential buyout that could take the Assassin's Creed publisher private. However, a new report suggests tensions over control of the company following the deal.

Reuters revealed that Guillemot Brothers Ltd, led by Ubisoft co-founder Yves Guillemot and his family, wants to maintain its current level of control over the company after the buyout. In contrast, Tencent is reportedly holding off on increasing its stake in Ubisoft until it is granted more influence over future board decisions.

The negotiations are partly driven by concerns about preventing a hostile takeover of Ubisoft by another investor. Tencent is said to be waiting for the Guillemot family to agree to its terms before moving forward with the buyout, according to Reuters.

More:Former Ubisoft Executives Arrested

The possibility of a buyout first surfaced in October following a series of financial setbacks at Ubisoft, including the disappointing performance of Star Wars Outlaws. A minority shareholder even called for Ubisoft to go private after the company’s share price fell significantly post-launch of the game.

In September, Ubisoft lowered its financial targets for the year, delayed Assassin's Creed Shadows to February 2025, and launched an internal review to address its financial challenges.

Tags: Ubisoft

Share:

Sources:

Report mistake Submit news

Related news

View All

Ubisoft Halifax to Unionize

Workers at Ubisoft’s Halifax studio have officially formed a union, marking a historic moment for the company in North America....

Business

Jan 06, 2026

Ubisoft Servers Shutdown After Hack

Ubisoft has temporarily taken down the Rainbow Six Siege servers and marketplace following a large-scale hack that affected players across...

More

Dec 29, 2025

Ubisoft Acquires March of Giants

Ubisoft has announced that it has acquired the upcoming multiplayer online battle arena game March of Giants. Along with the...

Mergers and Acquisitions

Dec 15, 2025

Ubisoft Tencent Deal Confirmed

Ubisoft has finalized Tencent's €1.16 billion investment in Vantage Studios, the division responsible for some of the company's most iconic...

More

Nov 24, 2025

Ubisoft Reveals H1 Earnings

Ubisoft has reported first half earnings that beat expectations and says its €1.16 billion partnership deal with Tencent remains on...

Business

Nov 21, 2025

Tencent and Guillemot Brothers' Dispute Over Control of Ubisoft

Business Drama

09 December 2024 16:54

Tags: Ubisoft

Ubisoft’s two largest shareholders are in ongoing discussions about a potential buyout that could take the Assassin's Creed publisher private. However, a new report suggests tensions over control of the company following the deal.

Reuters revealed that Guillemot Brothers Ltd, led by Ubisoft co-founder Yves Guillemot and his family, wants to maintain its current level of control over the company after the buyout. In contrast, Tencent is reportedly holding off on increasing its stake in Ubisoft until it is granted more influence over future board decisions.

The negotiations are partly driven by concerns about preventing a hostile takeover of Ubisoft by another investor. Tencent is said to be waiting for the Guillemot family to agree to its terms before moving forward with the buyout, according to Reuters.

More:Former Ubisoft Executives Arrested

The possibility of a buyout first surfaced in October following a series of financial setbacks at Ubisoft, including the disappointing performance of Star Wars Outlaws. A minority shareholder even called for Ubisoft to go private after the company’s share price fell significantly post-launch of the game.

In September, Ubisoft lowered its financial targets for the year, delayed Assassin's Creed Shadows to February 2025, and launched an internal review to address its financial challenges.

Share:

Sources:

Report mistake Submit news