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Ubisoft Announces Imminent Closing of Strategic Transaction ($1.16 Billion) with Tencent, Which Becomes Minority Stakeholder of Vantage Studios

A composite image featuring key characters from Ubisoft 'Far Cry,' 'Assassin's Creed,' and 'Tom Clancy's Rainbow 6' against distinct backgrounds.

Last week, game publisher Ubisoft delayed its financial results, which prompted strong rumors that Tencent would acquire the company. The quarterly and half-year FY 2026 results are now available, and while Ubisoft did strike a deal with Tencent, it is not for a complete acquisition of the company. The Chinese corporation has instead provided a significant cash infusion to become a minority stakeholder of Vantage Studios. Co-Founder and Chief Executive Officer Yves Guillemot said in a statement: The closing of our strategic transaction with Tencent – which will see Tencent become a minority shareholder in our new subsidiary, Vantage Studios […]

Read full article at https://wccftech.com/ubisoft-announces-imminent-closing-transaction-with-tencent-minority-stakeholder-vantage-studios/