June 9, 2023

Hardwood Paroxysm

All Latest News For You!

Ubisoft Attracts Attention Of Many Companies Who Want To Buy It, Stocks Rise – Nerd4.life

Ubisoft It attracts the attention of many private equity firms that may be interested in it get companyThis is according to a Bloomberg report. Two companies in particular – Blackstone Inc. And KKR & Co – have investigated the game’s publisher, but Ubisoft will not enter into “serious negotiations” with any potential buyers.

Both companies above will be in early stages For Ubisoft Analysis. According to Bloomberg sources, “there is no certainty that none of the suitors will proceed with the shows.” In addition, it is not known if Ubisoft shareholders are willing to pursue a deal, the report revealed. In a statement to Bloomberg, the French game publisher said its strong portfolio would allow the company to take advantage of new opportunities in the video game industry, should they arise.

So, basically, nothing concrete is happening at the moment, but the relationship seems to have Positive effect on share price to the community. As noted by analyst Daniel Ahmed, Ubisoft’s stock price jumped 11% after the report was released.

Ubisoft previously blocked an attempt at Obsession by French company Vivendi SE, which ran for about two years before Vivendi decided to get involved with Ubisoft, in 2018.

Finally, we point out that Ubisoft announced the closure of servers for 93 games.

See also  Classic games seem to hit 50Hz, even in non-PAL regions, and that's a problem - Nerd4.life