Ubisoft Comments on Buyout Reports, Says That It 'Regularly Reviews Options' | Push Square
After reports suggested the founding Guillemot family and Chinese publisher Tencent were in talks to take Ubisoft private, Reuters noted a 30% jump in the firm's floundering stock price. It's clear investors have an appetite for such a move, so the French publisher has been forced to comment on recent «press speculation».
In a statement provided to Eurogamer, a spokesperson for the company said: «Ubisoft has noted recent press speculation regarding potential interests around the Company. It regularly reviews all its strategic options in the interest of its stakeholders and will inform the market if and when appropriate. The Company reiterates that management is currently focused on executing its strategy, centred on two core verticals—open-world adventures and GaaS [Games as a Service]-native experiences.»
Ubisoft has been attempting to roll with the punches. Still, with Star Wars Outlaws underperforming, Assassin's Creed Shadows delayed into next year, and competing corporate interests, the embattled French publisher could use a win in the not-too-distant future.
Publisher could go private
A million copies in a month
Where do you think this all leads? Will the Guillemots be able to retain some control of Ubisoft, or does the prospect of some fresh blood at the top sound good? Let us know in the comments section below.
Khayl Adam is Push Square's roving Australian correspondent, a reporter tasked with scouring the internet for the richest, most succulent PlayStation stories. With five years of experience as a freelance journalist and mercenary wordsmith, RPGs are his first great love, but strategy and tactics games are a close second, genres in which he is only too happy to specialize.
Yep, get ready for a sale and then 40% of the staff getting laid off
I think it's a no brainer the Ubi formula is done and done. Many have grown tired of the same games in different wrappings. Some things need to change in a serious way. I also have had a good time with both Far cry
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