Shares in Ubisoft Entertainment tumbled on Wednesday after it announced a deal that sees China's Tencent Holdings raise its stake in the company, a move which analysts say dampens the prospect of a full sale of the French game maker.
The deal with Tencent Holdings values the maker of "Assassin's Creed" and "Tom Clancy's" video game franchises, at $10 billion, or around 80 euros per share, well above Tuesday's stock price closing level of 43.5 euros.
