And plans to offer Ubisoft quite a bit of money in doing so.
The Chinese-owned Tencent Holdings is planning to become “the single largest shareholder” of Ubisoft, if a new report is to be believed.
Reuters reports that Tencent is looking to increase the amount of shares it owns in the publisher; back in 2018, it acquired a 5% stake in the French-based organisation.
The outlet doesn’t detail the percentage of shares that Tencent is after; the Guillemot family current owns 15% of Ubisoft’s shares.
Reuters believes that Tencent is prepared to offer up to 100 Euros per share, up from the 55 Euros per share it paid back in 2018. Tencent is also prepared to acquire shares from Ubisoft’s public-facing shareholders, of which about 80% of the company sits.
We’ll keep you posted as we learn more.
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