Ubisoft has responded to rumors about Tencent’s potential buyout of the company, saying it “regularly reviews” strategic options.
Ubisoft is addressing rumors that Tencent is exploring a buyout of the French game publisher — though it isn’t saying much right now. In a statement on Monday, Ubisoft said it “regularly reviews all its strategic options in the interest of its stakeholders and will inform the market if and when appropriate.
” Ubisoft shares plunged 19 percent last month following news that it’s delaying the launch of Assasins’s Creed Shadows and reported lower-than-expected Star Wars Outlaws sales. One of the options Ubisoft is considering is taking the company private, according to Bloomberg. Tencent, which currently has about a 10 percent stake in Ubisoft, also owns 49.9 percent of Guillemot Brothers Ltd. Ubisoft says it’s currently focused on open-world and live-service games.
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