1 year 9 months ago
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Chinese gaming and social media giants Tencent have approached Ubisoft’s founders, the Guillemot family, in an effort to expand their stake in the AAA publisher, Reuters report. Tencent acquired a 5% stake in Ubisoft in 2018 and now multiple anonymous sources are now saying that Tencent intends to become the single largest shareholder in the publisher, a company valued at almost $6 billion (£4.9 billion).