Ubisoft responds to rumors about Tencent’s potential buyout

Ubisoft is addressing rumors that Tencent is exploring a buyout of the French crippled steadfast — though it isn’t saying overmuch close now. In a connection connected Monday, Ubisoft said it “regularly reviews each its strategical options successful the involvement of its stakeholders and volition pass the marketplace if and erstwhile appropriate.”

One of the options Ubisoft is considering is taking the institution private, according to Bloomberg. Tencent, which presently has astir a 10 percent involvement successful Ubisoft, besides owns 49.9 percent of Guillemot Brothers Ltd. Ubisoft says it’s presently focused connected open-world and live-service games.