Ubisoft's Disastrous 2024 May Lead To The Company Going Private

It lost half of its market value this year alone.

Tencent and the Guillemot family are reportedly considering taking Ubisoft private as part of efforts to stabilise the company amid a tumultuous 2024.

Acording to Bloomberg, both parties have reportedly been speaking with advisors on how best to bolster Ubisoft's value after multiple gaffs over the last 12 months lead to a tumbling share price. Ubisoft has lost half of its market value this year, but news of this potential buyout has resulted in a sharp increase of around 33%.

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