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Home > Ubisoft Might Be on the Market Says Chief Devs
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Ubisoft Might Be on the Market Says Chief Devs

Rishabh ShandilyaBy Rishabh ShandilyaApril 24, 2022
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Speculations have really been circulating that Ubisoft is about to be put on the market in the upcoming weeks or months. As a result, the corporation’s share price rose by much more than 10% in just a few nights, prompting suspicion among investors.

According to a number of meetings conducted by Kotaku involving existing and previous Ubisoft programmers, the company is in the process of being sold. For the last few decades, the share market has been in a downward spiral. Blackstone as well as Kohlberg Kravis Roberts, two of the largest venture capital companies in the world, have recently been rumored to have interested in the business.

The Duo Have Previously Shown Great Intrest

Financial giants Blackstone and Kohlberg Kravis Roberts have their names listed in the list of the planet’s most prominent corporations. They have shares in a large number of various businesses. The two venture capital companies have reportedly started “investigating the French company” and have formed a “preparatory acquisition interest” in Ubisoft, says a report by Bloomberg. Even so, the media channel observed the absence of “any real conversations with possible acquisitions.”

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Kotaku claims that the Assassins Creed has been collaborating with advisors for some time in an effort to be ready for a possible takeover. In light of the recent stock market decline in Ubisoft, this might be an excellent opportunity for them to recoup some of their losses.

The Guillemot’s Control 15% Of the Company

The Guillemot household controls an approximate 15% of the firm, so any potential acquirer will have to work out an agreement with them. Yves Guillemot, CEO of Vivendi, has previously resisted an aggressive acquisition effort, however, he may now be eager to discuss a deal. Because Charlie Guillemot left his post from the firm the year before, Guillemot’s immediate family no longer works there.

Since Ubisoft has refused to elaborate on speculations or conjecture, the company has remained mostly silent. “The firm’s richest and most diverse assets, cutting-edge technology, and a huge and expanding network of committed participants” are just some of the business’s advantages, the firm said.

Because of this, Ubisoft believes it is in a great situation to take advantage of the rapidly expanding sector and new platform prospects that are now arising.

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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