Although Tencent will not acquire Ubisoft, it is increasing investment in Ubisoft. According to the officially released by Ubisoft, Tencent invested 300 million euros to Guillemot Brothers Limited (the company of Ubisoft co -founder), accounting for 49.9%of the economic equity an

2025/01/3021:09:34 finance 1058

Although

does not acquire Ubisoft , Tencent is increasing investment in Ubisoft. According to the officially released by Ubisoft, Tencent invested 300 million euros to Guillemot Brothers Limited (the company of Ubisoft co -founder), accounting for 49.9%of the economic equity and 5%voting rights of Guillemot Brothers Limited.

Although Tencent will not acquire Ubisoft, it is increasing investment in Ubisoft. According to the officially released by Ubisoft, Tencent invested 300 million euros to Guillemot Brothers Limited (the company of Ubisoft co -founder), accounting for 49.9%of the economic equity an - DayDayNews

, in addition, Tencent also provides a long -term non -guaranteed loan to Guillemot Brothers Limited for reinstatement of its debts and provides additional financial resources to acquire Ubisoft's equity.

Guillemot Brothers Limited is still completely controlled by the Guillemot family. Tencent will not have representatives in its board, nor will it obtain any consent or veto of the business. The

transaction made Tencent a part of the shareholder agreement. By acquiring part of the equity of the Ubisoft Guillemot family, Tencent obtained more than 11%of Ubisoft's total equity. Ubisoft said Tencent still has the right to increase its direct shareholding in Ubisoft from the current 4.5%to 9.99%.

Ubisoft CEO Yves Guillemot said: "Tencent is an important shareholder of many industry leaders, they have created some of the most outstanding video games. This transaction has strengthened our ability to create strong value in the next few years."

Ubisoft It means Tencent cannot sell the shares held in five years. Five years later, the Guillemot family will have the right to buy these shares first.

Tencent promised that its direct shareholding in Ubisoft will not exceed 9.99%in eight years. It is worth mentioning that

is that the strategic cooperation between Ubisoft and Tencent covers the development of the Ubisoft flagship series of mobile game development and several PC games launched by Ubisoft in China.

finance

finance

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The Associated Press reported on October 4 that the daily financial report released by the U.S. Treasury Department on the same day showed that the total U.S. national debt has exceeded $31 trillion, reaching $31.1 trillion. - DayDayNews

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