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Bella Javier Liamzon

Guillemot Brothers Ltd, Tencent Reportedly Consider Ubisoft Buyout, Causes Shares to Skyrocket

Ubisoft Tencent
Guillemot Brothers Ltd and Tencent are reportedly considering a Ubisoft buyout amid the latter's struggles with Star Wars Outlaws' underperformance and other issues in recent years. (Credit: Getty Images, FASSBENDER, AFP, Ubisoft)

Guillemot Brothers Ltd and Tencent are reportedly considering a buyout for Ubisoft and making it private, causing the latter's shares to skyrocket.

The rumors come from Bloomberg sources, who said that the two companies had talked with advisors about potential routes moving forward. However, these considerations are apparently still at an early stage as there are no guarantees they will result in a buyout.

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