Paris, Oct 4, 2024 (AFP) - Ubisoft shares surge on report of potential Tencent joint buyout

NAMPA / AFP
2024-10-04
Shares of French video game publisher Ubisoft surged by around 30 percent on Friday after a media report suggested China's Tencent was poised to join a potential buyout. Bloomberg said in a report that the Chinese giant was considering a joint move with the Guillemot family, which founded Ubisoft and is still the main shareholder, after the French company lost half its market value this year. mgi/jxb/lth ...
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