Ubisoft’s $4 billion carveout sells Tencent a 25 percent stake in some of its biggest games
Ubisoft is spinning off Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six into a subsidiary backed by Tencent, according to an announcement on Thursday. The Chinese gaming giant will invest €1.16 billion (~$1.3 billion) for a 25 percent stake in the carveout, which will have a total value of about €4 billion (~$4.3 billion).
Ubisoft Gets $1.25 Billion Investment From Tencent for New Gaming Unit
The new unit will house its Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six games, and Tencent is to hold a minority stake in the subsidiary.
Tencent invests €1.16bn in new Ubisoft subsidiary for Rainbow Six and Assassin’s Creed
Ubisoft launches new subsidiary in a €1.16bn investment from Tencent, which focuses on popular franchises such as Tom Clancy's Rainbow Six.
Tencent invests $1.25B in Ubisoft’s new core games operating division
Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game giant that has struggled to launch hits until its most-recent launch of Assassin’s Creed: Shadows,
‘Assassin’s Creed’ Maker Ubisoft Jumps After Games Carve Out
Ubisoft Entertainment SA shares jumped as much as 10% after the video game maker said it will carve out a unit including Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six into a subsidiary with an enterprise value of about €4 billion ($4.
Rumored Ubisoft and Tencent agreement comes to fruition with 25% stake and new division for the Assassin's Creed developer
Ubisoft and Tencent are working together on a new gaming subsidiary that includes Assassin's Creed, Far Cry, and Tom Clancy's ...
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Assassin’s Creed, Far Cry and Rainbow Six will soon have their developments "spearheaded" by Ubisoft and Tencent's new €4 billion baby
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Ubisoft establishes new subsidiary with €1.16 billion investment from Tencent
Ubisoft has announced the establishment of a dedicated subsidiary based on its Assassin’s Creed, Far Cry, and Tom Clancy’s ...
Out of the shadows.
Ubisoft has created a subsidiary company based on its Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six brands, with a ...
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Ubisoft creates new subsidiary with investment from Tencent
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