Johan Bodinier

3 weeks ago | msn.com | Johan Bodinier |Alessandro Parodi

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3 weeks ago | gurutrade.com | Johan Bodinier |Alessandro Parodi |David Evans |Jane Merriman

March 28 (Reuters) - Ubisoft shares rose more than 10% on Friday after the French video game maker announced plans to set up a subsidiary in which Tencent will invest 1.16 billion euros. The creator of Assassin's Creed said on Thursday the new subsidiary would be valued at around 4 billion euros ($4.32 billion) and will bring together the Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six brands.

3 weeks ago | streetinsider.com | Alessandro Parodi |Johan Bodinier

1. LULU2. BRZE3. SPY4. APP5. CRWV6. NVO7. RKLB8. WOLF9. ALC10. NVDA Tweet Share E-mail0 shares UbiSoft Entertainment logo is seen at the Paris Games Week (PGW), a trade fair for video games in Paris, France, October 27, 2024.

3 weeks ago | streetinsider.com | Johan Bodinier |Alessandro Parodi

By Johan BODINIER and Alessandro Parodi (Reuters) -Ubisoft shares rose as much as 12% on Friday after it announced plans to set up a subsidiary in which Tencent will invest 1.16 billion euros, as the French video game maker seeks to recover from weak performance in 2024. In a bid to recover from underperformance by some of the company's main titles, the Guillemot family, Ubisoft's founder and largest shareholder, began exploring talks with the Chinese tech giant in September.