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Ubisoft Share Surge on Deal to unscrew the Top Game Franchise

The work for the future game “Assassin’s Creed Shadows” Ubisoft.

John Kible | Gets the image

Ubisoft The shares grew on Friday after the French video game publisher announced the termination agreement on some of the franchise selling.

On Thursday Ubisoft revealed plans to create a new subsidiary gameWith the Chinese Technology Giant Favorable Investing of 1.16 billion euros (1.25 billion dollars).

The subsidiary will include the most famous Ubisoft game brands, including Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six, according to a press release.

Ubisoft’s stock jumped 11% as of 10:50 in Paris.

Game creator said on Thursday that his recently formed unit “focus on the construction of game ecosystems intended to become really evergreen and multi -platform.”

Investing with Tencent estimates the new subsidiary of 4 billion euros, Ubisoft said. This is more than twice as high as Ubisoft.

Investors hoped to move from Ubisoft to find out the uncertainty associated with its future after a number of problems faced by the firm in recent years.

Ubisoft was subjected to different questions: from financial struggle to delay to some of its key games – including its recently released Assassin’s Creed Shadows title.

In February, the firm reported a 52% drop in financial orders in the third quarter that had insufficient performance of some of its key games.

Last week, Ubisoft released its latest title Assassin’s Creed Shadows, the last party in the Ubisoft Franchise.

The game usually provided positive reviews, receiving the average reviewer 82 according to the methodical website of the agro.

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