Guillemot Family to Prevent Sale of Ubisoft By Partnering With Private Equity Firm Rumor

Following the current acquisitions of Activision and Zynga, rumors have been spreading that Ubisoft is the subsequent main studio in line for a buyout. The most up-to-date stories counsel the Guillemot household is making an attempt to stop the sale of Ubisoft in any respect prices, even contemplating partnering with a personal fairness agency to allow them to hold management over the corporate.

Preventing a takeover at Ubisoft

Assassin's Creed

The Guillemot household at present owns 15.9% of the corporate’s shares, though this provides them 22.3% of the web voting shares. Having based the corporate again in 1986, Dealreporter (thanks to Seeking Alpha) claims the household is determined to hold management over the corporate and can oppose any tried takeover. Firms supposedly all in favour of a takeover embody non-public fairness corporations Blackstone and KKR, though they’re solely linked to preliminary appears to be like on the firm.

To preserve management over Ubisoft and stop its sale, the household is reportedly contemplating partnering with one other non-public fairness agency to utterly purchase the corporate. The stories noticed Ubisoft’s shares enhance in worth by 10% in consequence. While there are seemingly no severe takeover talks underway in the meanwhile, the Guillemot household doesn’t appear to be taking any possibilities.

Ubisoft has beforehand confronted makes an attempt at a hostile takeover, probably the most notable from Paris mass media firm Vivendi. After a pair of years of shopping for up shares in preparation for a takeover, the corporate got here to an settlement that noticed Vivendi promote all of its shares for a revenue. The firm then agreed not to purchase any extra shares for 5 years, a deal that may expire subsequent yr. Only time will inform whether or not Ubisoft will handle to stay a public firm led by the Guillemot household.

In different information, Bungie made a public assertion on the proposed overturning of Roe v Wade, drawing criticism from a number of Destiny 2 gamers. Elsewhere, FIFA 22 is working a cross-play trial between PS5, Xbox Series X|S, and Google Stadia.