Ubisoft may soon be delisted from the stock exchange

0
13
Ubisoft may soon be delisted from the stock exchange


Game maker Ubisoft, which has been in financial difficulties for months, is now in sight of a solution. As Reuters news agency reports, the Guillemot family that owns it and previous investors are in talks over how to delist the company from the stock exchange. Ubisoft will again be in private hands and will not be under pressure from shareholders. However, the ownership structure is complex.

Advertisement


Dame According to the report The Guillemot family, which previously held the majority, wants to retain control of the company. Chinese company Tencent, the second-largest owner by share volume, currently holds about 10 percent of the shares and is said to be favorable to the plans. An increase in Tencent’s stake is also currently being discussed, multiple unnamed sources told Reuters. The agency had already reported about possible changes at Ubisoft in October 2024. This led to short-term gains of more than 30 percent in the stock and the price is now rising again. Initially about 15 percent higher, but it weakened again over the weekend.

Click Boom Flash: New Podcast Episode “Annual Review”Click Boom Flash: New Podcast Episode “Annual Review”

Shareholders expect the highest possible price if they are to be paid. Overall, Ubisoft shares have lost more than 40 percent of their value so far in 2024. The company told Reuters it was continuing to examine all options – the same statement it made in October. There has been no denial from the company regarding the alleged plans of privatization.

Things are currently normal for the French company, not only in the stock market but also in terms of products. A few days ago, the free-to-play shooter “XDefiant” was removed from the market after only six months and the corresponding team was disbanded, resulting in 300 employees being laid off. The next big hope is “Assassin’s Creed Shadows,” which is now scheduled to release on February 14, 2025, after a three-month delay.

read this also

But Product page on Steam Ubisoft has now announced that the game, like some of its predecessors, will be equipped with the controversial Denuvo copy protection. Additionally, even if the game is purchased through Steam, you will also need a Ubisoft account and possibly a corresponding launcher. These two pieces of news are being discussed very critically by players on the Steam forums and in some other places.

“Assassin’s Creed Shadows” is set in 16th century feudal Japan and, like the “Valhalla” and “Odyssey” titles, is intended to be an open-world role-playing game. In the initial announcement, Ubisoft spoke of a “huge world” in which the player should be able to play with two identical heroes. Some gameplay trailers show off impressive graphics, but reveal little about the role-playing elements and story of the title. Ubisoft has not yet commented on the hardware requirements or price of the game following the postponement. For example, “Call of Duty: Black Ops 6” was recently released on Steam at a starting price of 80 euros, which was more common with earlier console versions. With Black Friday offers, the game quickly became cheaper for both PC and console. “Assassin’s Creed Shadows” is set to launch simultaneously for Windows PC, Xbox Series X/S, and PlayStation 5.


(Never)

HANOVER: DIGITAL FUTURE IN THE OLD TOWN HALLHANOVER: DIGITAL FUTURE IN THE OLD TOWN HALL

LEAVE A REPLY

Please enter your comment!
Please enter your name here