Tencent Makes Bid For Majority Stake Of Ubisoft In Global Gaming Move

Tencent Makes Bid For Majority Stake Of Ubisoft In Global Gaming Move
China’s largest gaming firm, Tencent Holdings, aims to grow its stake in France’s biggest gaming firm, Ubisoft Entertainment. Reports today suggest that Tencent, which already owns a 5% stake in Ubisoft, is looking to do a deal to acquire shares from the founding Guillemot family, which owns 15% of the French gaming firm. Whatever the actual

Source: Hot Hardware – Tencent Makes Bid For Majority Stake Of Ubisoft In Global Gaming Move