News Snapshot:
Assassin’s Creed maker Ubisoft plunges 17% after Chinese giant Tencent ups stake Tencent has increased its stake in French games maker Ubisoft, the company behind popular franchises like Assassin’s Creed. But analysts said this has effectively closed the door on a full takeover of the company. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Shares of games developer Ubisoft plunged more than 17% on Wednesday after prospects of a full takeover were dampened following a move by Chinese tech giant Tencent to increase its stake in the company. On Tuesday, the two companies announced that Tencent invested 300...
