Ubisoft Shareholders Are Reportedly Discussing Buyout Terms ...Middle East

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Ubisoft Shareholders Are Reportedly Discussing Buyout Terms
Two months after the rumors that the Guillemot family and Tencent were planning a buyout of Ubisoft, Reuters reports that the company's shareholders are still discussing buyout terms. One of the key issues is that the Guillemot family wants to maintain control over Ubisoft following the buyout. Chinese giant Tencent is already the second-largest shareholder. However, despite earlier rumors, Reuters says they haven't decided yet whether to increase their stake and, therefore, join the buyout proposal. Tencent would like to exert greater control on board decisions (such as the distribution of cash flow) if it has to finance the deal, […]

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