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Several companies are "study" Ubisoft, but no word yet on sales - report

Several companies are "study" Ubisoft, but no word yet on sales – report

Several companies are "study" Ubisoft, but no word yet on sales – report

Shares of Ubisoft rose sharply on Friday amid growing speculation that Assassin’s Creed and Far Cry may be considering a sale. To be clear: According to a report, this appears to be in the early stages without any formal bids or even the beginning of any potential negotiations.

Bloomberg reports that private equity firms Blackstone and KKR have been “researching” Ubisoft, although the site says it hasn’t had any “serious talks.”

“Deliberation is at an early stage and there is uncertainty as to whether any suitors will proceed with an offer,” Bloomberg reported. Spokespeople for Blackstone and KKR declined to comment to Bloomberg, while Ubisoft representatives did not comment on a potential acquisition.

“We don’t comment on rumors or speculation,” a spokesperson told GameSpot. “Ubisoft has unparalleled creative and production capabilities, with over 20,000 talented people working together to develop games across our global studios. Thanks to them and our long-term approach and willingness to take creative risks, we’ve built some of the strongest in the industry proprietary brand with many promising new brands and projects on the horizon.”

“We also have the deepest and most diverse product portfolio in the industry, cutting-edge services and technologies, and a large and growing community of participating players. As a result, we are ideally positioned to capitalize on rapid industry growth and platform opportunities are now emerging .”

KKR has made moves in the gaming world before, as it was one of a $1.25 billion investment in Epic Games in 2018. Blackstone doesn’t appear to have any public video game investments. The company is mainly known for its real estate investments. In 2021, Blackstone acquired Spanx.

Shares of Ubisoft soared more than 15% on Friday, with investors and analysts appearing to be reacting positively to the potential of Ubisoft being acquired, or at least private investment firms reportedly being interested in some capacity. The family of Ubisoft CEO Yves Guillemot is Ubisoft’s largest investor, holding a 15% stake in the company.

In February, Guillemot said Ubisoft was not planning to sell, and was confident in its financial health and saw value in its many franchises. Having said that, Guillemot said Ubisoft and its board will accept the takeover offer.

Ubisoft celebrated its independence victory in 2017, successfully defeating a “crawl control” bid from Vivendi, which later sold its stake in the company.

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Wilbert Wood
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