In a shock move in the ongoing Ubisoft takeover saga, French multinational corporation Vivendi has sold its entire 27.27 percent stake, effectively ending its year-long attempt to take a controlling investment in the Assassin's Creed and Tom Clancy publisher. The stock sale, which amounts to around 30.5 million individual shares, was announced yesterday, following months of negotiations and takeover attempts throughout 2017 and the beginning of 2018. The exiting deal with Vivendi also ensures the multinational cannot attempt to re-buy stock from Ubi for five years.
The move has also made way for another shock announcement, with Ubi announcing the arrival of some new investors, including one that sees Chinese gaming giant Tencent acquiring five percent in the French publisher. The new partnership will see Tencent, “operate, publish and promote several of Ubisoft’s most successful titles on PC and mobile in the Chinese market,” said Ubi in an official statement.
“We are honored to start this new chapter of our relationship with Ubisoft, and to be able to bring many of Ubisoft’s creative and renowned titles to our Chinese customers,” added Martin Lau, president of Tencent, in the same press announcement.
What's your take on the big talking point with Ubisoft and the end of the Vivendi saga? Also, what do you think about Tencent working with Ubi on the incredibly valuable Chinese market? We want to hear your views...