Ubisoft (UBSFY) Shares Surge as Tencent Increases Investment

Author's Avatar
Mar 27, 2025
Article's Main Image

Ubisoft (UBSFY, Financial), the struggling French video game company, announced the creation of a new unit featuring its prominent franchises like Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six. Tencent (TCEHY) is set to invest €1.16 billion for a 25% stake in this unit, valuing it at approximately €4 billion. This strategic move led to a 13% jump in Ubisoft's stock during pink-sheet trading. The deal is anticipated to finalize by year-end, enhancing Ubisoft's financial position and promoting long-term growth for these gaming franchises.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.