News Snapshot:
Tencent is investing 300 million euros in the family holding Guillemot Brothers and will not be able to hold more than 9.99% of Ubisoft for eight years. The summer rumors were correct. As announced by Reuters in early August, the French video game giant Ubisoft has opened up the capital of its controlling holding company, Guillemot Brothers, to the Chinese group Tencent. But there is no question of changing the governance of this major player in gaming. This investment, which amounts to 300 million euros, remains in effect a minority (49.9%). “Tencent will not be represented on the board and...
