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Home > The Guillemots Trying Hard to Save Ubisoft
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The Guillemots Trying Hard to Save Ubisoft

Rishabh ShandilyaBy Rishabh ShandilyaMay 5, 2022
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It’s possible that Ubisoft is looking to sell. The other weekend, a rumor from Kotaku stated that Blackstone as well as Kohlberg Kravis Roberts, two venture capital companies that possess little special expertise in the gaming industry, are the most probable bidders.

The Guillemot household, the French Developer’s biggest shareholder, has apparently been collaborating with experts to get the company ready for purchase.

The Guillemots Won’t Go Down Without a Fight

Ubisoft

Furthermore, it appears that the household will not relinquish possession of Ubisoft easily. According to a recent Seeking Alpha article, the Guillemots are working alongside additional venture capital companies to thwart potential acquisition efforts at Ubisoft.

The purpose is to keep Ubisoft’s foundation generation in ownership of the firm by acquiring more pounds of stock. As per Seeking Alpha, the Guillemot household owns 15.9% of the corporation’s stock while 22.3 percent of the gross share capital.

Have You Read: Activision Lands Another Lawsuit

Claude, Christian, Michel, Gerard, and present President Yves Guillemot launched the company in 1986. It was individually held for a while until becoming open in 1996, although Yves Guillemot remained in charge of the firm as President as well as proprietor.

Ubisoft

France’s Vivendi 2nd Rodeo To Gain Control of Ubisoft

In the past, the Guillemots have reacted angrily to every effort to take over Ubisoft. France’s Vivendi tried to seize control of Ubisoft in an aggressive acquisition effort in 2016 by gradually buying up to 30% of its share capital.

By working alongside leveraged buyouts to acquire four million stocks, Ubisoft, under the Guillemots’ management, prevented Vivendi from achieving the 30% barrier.

Ubisoft

Following negotiating an arrangement with Publisher, Vivendi liquidated its stock in 2018. It appears that the household may once more attempt a similar trick. Doubtful if it will function again. As a result of employment misconduct incidents, NFT backlash, and issues with product production,

Ubisoft’s share price has fallen during the previous two years. In 2018, Ubisoft’s stock price was below 100 Euros; it is now at 46 Euros.

The Guillemots Ubisoft
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Rishabh Shandilya

I’m the guy you see dancing in the rain in the middle of the night. Pursuing my bachelor’s in literature, I love to read and write and I’m somewhat of a decent storyteller. A die-hard fan of Miyazaki and Murakami and my go-to quote is “The past is a foreign country, we do things differently there”.

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