Bloomberg: Ubisoft Could Be Preparing For a Possible Takeover

On Friday, Bloomberg reported that Ubisoft could be preparing for a possible takeover. According to the outlet, several private equity firms including Blackstone Inc. and KKR & Co are considering the possibility to purchase the French video game company.

However, the report notes that negotiations between the companies have not yet begun, so it is not yet clear whether the funds will approach the French publisher with an acquisition offer. Besides, it is also unknown whether the current owners of Ubisoft shares are ready to sell the company.

Ubisoft was founded in 1986 by five brothers from the Guillemot family which currently remains the largest shareholder and owns an estimated 15% of the company.

Ubisoft's current situation could provide favorable conditions to guarantee the entry of a new property as now the company's shares have fallen 41% over the past year as well as the company has no family successor since Charlie Guillemot, son of Ubisoft CEO Yves Guillemot, decided to leave the company.

In February, Yves Guillemot said that the company was capable of remaining independent, although he noted that if an offer to purchase comes in, the board of directors might consider it. Currently, neither Blackstone Inc. and KKR & Co, nor Ubisoft agrees to comment on the possible takeover.

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