Sources from Bloomberg have shared fresh details about the future of Ubisoft. According to their information, the French publisher wants to establish a new company and transfer part of its key franchises to it, including Assassin’s Creed.
Assassin’s Creed Shadows
It is expected that this company will be valued higher on the market than Ubisoft itself. According to Bloomberg, Ubisoft's current market value is 1.7 billion euros — 32% less than a year ago.
As reported by Bloomberg, Ubisoft is now seeking investors ready to purchase a minority stake in the new company. It has reached out to Tencent and several investment funds, asking them to submit preliminary bids by the end of the month.
Bloomberg sources emphasized that a final decision on the creation of the new company has not been made, and Ubisoft's plans may change.
A representative from Ubisoft declined to comment on Bloomberg's information from sources, reminding only that the publisher began considering a reorganization as early as January.
This is not the first time Bloomberg has reported on Ubisoft's plans to allocate some key franchises to another company. Two months ago, it wrote that the owners of the new company could be the Guillemot family — the founders of Ubisoft — together with Tencent.