Announced
Completed
Financials
Sources
Tags
Friendly
Acquisition
holding company
Minority
Single Bidder
France
Public
a holding company
Completed
Cross Border
Gaming
Synopsis
Tencent, a Chinese multinational technology and entertainment conglomerate, completed the acquisiton of a 49.9% stake in Guillemot Brothers, a French video game company, for $299m. “The expansion of the concert with Tencent further reinforces Ubisoft’s core shareholding around its founders and provides the company with the stability essential for its long-term development,” Yves Guillemot, Ubisoft CEO and Co-Founder.
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