the Chinese Tencent strengthens within the French video game champion


Source: time.news time.news

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In the major maneuvers that agitate the video game sector, driven by a series of takeovers, the French Ubisoft was one of the most prominent targets. However, it is its current position as an independent that the French company has managed to consolidate, by signing a new agreement with its reference shareholder, Tencent, on Tuesday, September 6. In concrete terms, the Chinese group is investing 300 million euros in the Guillemot Brothers holding company, the main shareholder of Ubisoft, owned by the Guillemot brothers, founders of Ubisoft (200 million euros for the acquisition of shares and 100 million on the...