Ubisoft appoints advisers to explore options following buyout report

French video game publisher Ubisoft said on Thursday it was appointing advisers to review and pursue strategic options after a report last year said most supporters were considering a buyout.

Ubisoft said in a strategic update that “leading consultants” have been hired to explore “transformational strategic and capital options to deliver the best value for stakeholders.”

“This process will be overseen by independent members of the board of directors. Ubisoft will inform the market in accordance with applicable regulations when and as soon as the transaction takes place,” the company said in a statement late Thursday.

In October, Bloomberg News reported that the Guillemot family, which founded Ubisoft nearly four decades ago, and the Chinese tech giant Tencent considered a potential takeover of the firm. At the time, Ubisoft shares skyrocketed by more than 30%.

The report follows Ubisoft’s decision to delay the release of the latest title in its popular Assassin’s Creed video game series, Assassin’s Creed Shadows, by three months until February 2025.

On Thursday, Ubisoft delayed the launch of “Assassin’s Creed Shadows” again, pushing it to March 20.

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