Ubisoft could be for sale according to senior developers - New Style Motorsport

Rumors have been circulating that Ubisoft could be up for sale at some point in the very near future. This seems to have led many speculators to buy shares in the company, increasing its value by more than ten percent in a matter of days.

The news comes from a series of Kotaku interviews with current and former Ubisoft developers, who stated that a sale appears to be on the horizon. The stock’s value has been stuck in a decline for several years. Bloomberg previously reported that private equity firms including Blackstone and Kohlberg Kravis Roberts have been circling the company.

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Blackstone and Kohlberg Kravis Roberts are among the largest investment firms in the world. They own shares in dozens of different companies. According to the Bloomberg report, the two private equity firms have been “studying the French business” and have developed a “preliminary acquisition interest” in Ubisoft. However, the news outlet pointed to the lack of “serious negotiations with potential acquirers.”

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Ubisoft has been working with consultants over the years, which Kotaku’s report suggests could be an attempt to prepare for a possible sale. The timing would be pretty perfect given that Ubisoft has seen its stock market value drop from over $110 to just over $40 per share since 2018.

The catch is that any buyer would have to strike a deal with the Guillemot family, which owns about 15% of the company. Chief Executive Yves Guillemot has already fended off a hostile takeover attempt by Vivendi, but now the executive may be willing to negotiate a deal. Guillemot has no family in the company since his son Charlie announced he would resign last year.

Ubisoft has so far been quiet about the possibility of a sale, noting only that “we do not comment on rumors or speculation.” However, the company added that it just so happens to have “the deepest and most diversified portfolios in the industry, cutting-edge services and technologies, and a large and growing community of engaged gamers.” Ubisoft went on to say that “as a result, we are in an ideal position to capitalize on the rapid industry growth and platform opportunities that are emerging right now.

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