Summary
- Ubisoft’s reported buyout talks with Tencent have allegedly been put on hold, with the Guillemot family’s demand for control of the company proving to be a sticking point.
- It’s also reported that Assassin’s Creed Shadows is being used as a bargaining tool, with the performance of the title key to both sides in negotiations.
Ubisoft’s financial woes have been well documented. Skull & Bones was a complete disaster, XDefiant is getting shut down, and Star Wars Outlaws underperformed both critically and commercially. Its owners – the Guillemot family – have reportedly been seeking ways to steady the ship in these trying times, and one such method was an alleged buyout by Chinese conglomerate Tencent.
It was reported last year that Tencent was in talks with the Guillemot family about buying out the rest of Ubisoft’s shareholders to take the company private, but a new report has now claimed that those talks are now on hold. This comes from Insider Gaming, which claims that talks have been struggling as the Guillemot family refuses to relinquish full control of Ubisoft.
Ubisoft And Tencent Buyout Talks Reportedly Halted Over Assassin’s Creed Shadows
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