Ubisoft Entertainment's stock rises 5% as shareholders Tencent and Guillemot family consider a buyout.

Ubisoft Entertainment's stock rose 5% on Monday as the company announced it is reviewing strategic options. This follows reports that major shareholder Tencent and the Guillemot family, the founders, are contemplating a buyout of the French video game company. Ubisoft indicated it would provide market updates as necessary regarding any developments.

October 07, 2024
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