Ubisoft reportedly seeks to block takeover bids via new partnership

Image: Nintendo/Ubisoft

Ubisoft’s founder – the Guillemot family – is reportedly considering partnering with a private equity firm to acquire the game publisher. In light of the reports, shares of the companies have jumped 10% in the last day or so.

As reported by stock news and data service Dealreporter (thanks a lot, VGC!), the Guillemot family is reportedly seeking to retain operational control of the company and sees a potential partnership as a way to oppose. possible takeover bids from strategic buyers.

The Guillemot family currently owns 15.9% of Ubisoft’s stock and 22.3% of net voting stock, but it has come under fire in recent years following reports of misconduct within the company. Yves Guillemot previously publicly apologized as a result, saying “we are at the start of a long journey”.

News of a potential Guillemot family acquisition comes after Microsoft’s colossal bid to acquire Activision-Blizzard for $68.7 billion and the more recent news that Square-Enix’s western studios had been acquired by The Embracer Group for a relatively meager $300 million.

It’s like any other day in the business of acquisition, isn’t it? What do you think of this latest news about Ubisoft? Let us know with a comment below.

About Jason Zeitler

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