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Friday, 28 March 2025

Ubisoft carves out a unit, which includes Assassin's Creed, into a ~€4B subsidiary; Tencent will invest €1.16B to acquire a 25% stake in the new entity (Bloomberg)

Bloomberg:
Ubisoft carves out a unit, which includes Assassin's Creed, into a ~€4B subsidiary; Tencent will invest €1.16B to acquire a 25% stake in the new entity  —  Ubisoft, which was founded by France's Guillemot family, has been struggling to recover from a post-pandemic slump in the industry …



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