Ubisoft soon to be acquired? Chinese Tencent wants to get its hands on the French studio

Source: phonandroid.com phonandroid.com

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Could Ubisoft soon be owned by the giant Tencent? Reuters says in any case that the Chinese company could become the majority shareholder of the French publisher. Currently, Tencent already owns 5% of Ubisoft’s capital. Could the takeover of Ubisoft become the next big deal in the video game world? It’s not impossible, according to Reuters. The press agency indicates that the French publisher is likely to be acquired by the Chinese giant Tencent. Tencent, which has held 5% of Ubisoft since 2018, would have the idea of become a majority shareholder. Ubisoft is valued at $5.3 billion and is...