Ubisoft stock jumps again as Tencent and Guillemot negotiate buyout
Ubisoft and Tencent are negotiating a buyout despite control issues.

Tencent and the Guillemot family are in discussions about a potential buyout of Ubisoft as investors search for ways to stabilize the company. While the Guillemot family desires to maintain control, Tencent is interested in gaining more influence over Ubisoft's operations.
Following news of these talks, Ubisoft's stock witnessed a surge, closing 13 percent higher. Despite attempts to temper excitement, Ubisoft has suffered in recent years with its stock losing gains, attributed to difficulties in developing successful game releases.
Ubisoft faces challenges like closing studios and layoffs, coupled with the failure of certain games. Controversies and lawsuits add to its plight, prompting discussions on solutions including a potential buyout or other strategic options like privatization.