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Assassin's Creed maker Ubisoft plunges 16% after Chinese giant Tencent increases its stake

Assassin’s Creed maker Ubisoft plunges 16% after Chinese giant Tencent increases its stake

Tencent has increased its stake in French game maker Ubisoft, the company behind popular franchises like Assassin’s Creed. But analysts said it effectively closed the door to a full takeover of the company. Raphael Henrique | Sopa Pictures | Light flare | Getty Images Shares of game developer Ubisoft plunged more than 16% on Wednesday …

Assassin’s Creed maker Ubisoft plunges 16% after Chinese giant Tencent increases its stake Read More »

Assassin's Creed maker Ubisoft plunges 16% after Chinese giant Tencent increases its stake

Assassin’s Creed maker Ubisoft plunges 16% after Chinese giant Tencent increases its stake

Tencent has increased its stake in French game maker Ubisoft, the company behind popular franchises like Assassin’s Creed. But analysts said it effectively closed the door to a full takeover of the company. Raphael Henrique | Sopa Pictures | Light flare | Getty Images Shares of game developer Ubisoft plunged more than 16% on Wednesday …

Assassin’s Creed maker Ubisoft plunges 16% after Chinese giant Tencent increases its stake Read More »