Ubisoft shares surge as Tencent invests in new unit housing franchises like Assassin’s Creed
Chinese tech giant Tencent will invest €1.16 billion ($1.25 billion) for a 25% stake in the newly formed unit, which will include the Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six brands. The deal values the subsidiary at €4 billion, including debt, Ubisoft said in a statement.
The market seems to have responded positively to the announcement of the new agreement between Tencent and Ubisoft. Ubisoft’s ...
Ubisoft shares jumped by 11% Friday morning after the company announced it would turn its top-performing games into a new ...
Ubisoft's stock price has fallen by double digits, which has erased the value it gained in the days after the new Tencent deal was announced.
Ubisoft shares reversed gains in afternoon trade on Friday after rising as much as 12% earlier on plans to set up a ...
Ubisoft shares surged on Friday after the French video game publisher announced a deal to spin out some of its best-selling franchises. On Thursday, Ubisoft revealed plans to form a new gaming ...
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