Ubisoft Shareholders Demanding Renegotiation of Tencent Deal
Summary A coalition ofUbisoftshareholders has demanded that the company vote on renegotiating its recent deal with Tencent. Tencent has held a growing stake in the company behindAssassin’s CreedandFar Cryfor years now, and its involvement in how the business runs has ramped up amid recent economic troubles. While the deal originally looked promising for the future ofUbisoft, shareholders are questioning how much it’ll actually benefit the company. In late March 2025,Ubisoft announced a new Tencent-backed subsidiarythat would take over theAssassin’s Creed,Far Cry, andRainbow Sixfranchises....