Assassin’s Creed Machine: Tencent to Invest $297 Million in it

Assassin’s Creed Machine: Tencent to Invest $297 Million in it

The Chinese company is going to be one of Ubisoft’s biggest investors for Assassin’s Creed. Ubisoft announced that the Chinese partner would increase its investment by almost $300 million through elaborate financial maneuvers.


49.9 percent economic stake Sold to Tencent


Instead of buying shares of Ubisoft directly, Tencent is purchasing a 49.9 percent economic stake in Guillemot Brothers Limited, the chief investment vehicle through which Ubisoft’s founders have managed their control of the French publisher over the past years. This is in addition to a 4.5 percent stake it already had in Ubisoft. Tencent paid nearly double what the shares are worth to make it possible.


Assassin’s Creed Machine: The new agreement


Tencent purchases a 49.9 percent stake in Guillemot Brothers Limited at roughly $80 a share, but Ubisoft’s leadership remains unchanged, and Tencent won’t have “operational veto rights.” The Guillemot family and Tencent can now hold up to 29.9 percent of Ubisoft. Furthermore, Tencent can buy up to 9.99 percent of Ubisoft shares directly. These are just some of the arrangements/


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Written by: verena smith

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