Ubisoft jumps 10% after Tencent invests in new subsidiary
Ubisoft shares rose more than 10% on Friday after the French video game maker announced plans to set up a subsidiary in which ...
TweakTown1d
Ubisoft to employees on Tencent deal: 'We may not have all the detailed answers right now'
Ubisoft studios VP tells employees that uncertain times are ahead and that the org currently doesn't have all the answers ...
Ubisoft’s $4 billion carveout sells Tencent a 25 percent stake in some of its biggest games
Ubisoft is spinning off Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six into a subsidiary backed by Tencent, ...
Tencent invests $1.25B in Ubisoft’s new core games operating division
Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game giant ...
Tech Xplore2d
China's tech giant Tencent: what you need to know
Chinese tech titan Tencent is set to invest $1.25 billion in French video game maker Ubisoft, in exchange for a 25% stake in ...
Ubisoft Gets $1.25 Billion Investment From Tencent for New Gaming Unit
The new unit will house its Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six games, and Tencent is to hold a minority ...
Tencent Completes $500 Million Share Buyback: What It Means for Investors
Tencent Holdings Limited (00700.HK) executed a significant buyback of 982,000 shares on the Hong Kong Stock Exchange. The price per share ranged from $503.5 to $515.5, totaling around $500 million.
TweakTown1d
Leaked memo reveals how Ubisoft CEO Yves Guillemot broke the Tencent news to employees
Ubisoft CEO Yves Guillemot's internal memo to employees about the new spun-off, 1/4th-held Tencent subsidiary and future org ...