Ubisoft founders reportedly taking bold measures to stabilize the company
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The founding family of Ubisoft, Gulliemot, and shareholder Tencent are considering making the company private. The decision is made to stabilize the company amid flop releases and collapsing market share.
Ubisoft shares fell 54% this year. According to Bloomberg , Ubisoft founders are considering more options to save the company losses other than the buyout itself.
Moreover, the total shares held by Ubisoft’s founder Guillemot are just over 20%, while Tencent owns only 9% of the company’s shares.
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