(Bloomberg) -UBisoft Enterinment with wants to bring investors to a new entity that will include some of his basic intellectual ownership with video games, including Assassin’s Creed, according to people who are familiar with the situation.
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The company considers the sale of a minority share of the venture and contacted potential bidders, including the current shareholder Tencent Holdings Ltd. And globally and France funds, where Ubisoft is, said people. Ubisoft has requested that preliminary offers be given this month, people added, asking them not to identify themselves in order to discuss a private matter.
Ubisoft, founded by the French Guillemot Family, can seek a value assessment for a yet -formed IP unit higher than the size of the main company, people said. Considerations are ongoing, no final decision has been made and the plans can still change, they added.
The Ubisoft representative made a request for comment on the company’s quarterly earnings, saying that an overview of various transformation strategic and capitalist options was ongoing to draw the best value from Ubisoft assets and franchises for all stakeholders. Tencent refused to comment.
Ubisoft shares increased by 4% to 12.78 euros at 11:29 at Paris store on Friday after receiving as much as 4.6% earlier.
The Guillemot and Tencent family considered different opportunities for Ubisoft, including potential redemption, Bloomberg News reported last year. In January, people were introduced to this question that parties were looking at the creation of a new venture containing a certain video game property.
The debate follows the fall in the prices of Ubisoft shares, which fell in four direct years, including a 43% decline in 2024. The Paris company now has a market value of about 1.7 billion euros ($ 1.8 billion).
Ubisoft sales amounted to 318 million euros in the quarter of October and December, which is a decline almost 50% compared to the year earlier, according to a statement on February 13th. As part of the effort to reduce the cost, the company abolishes the Shooter Game XDefiant, and also closed three production studies. Assassin’s Creed Shadows should make his debut on March 20, and the pre -orders of the game “firmly follow,” Ubisoft said.
-With the help of Jason Schreiera.
