Ubisoft Entertainment SA shares plummeted after the company announced another delay in its highly anticipated Assassin’s Creed Shadows game, set for release on March 20. The French video-game giant reported that it had hired financial advisers to explore options, including a potential deal, to boost its struggling share price.
The news comes amidst growing concerns about Ubisoft’s takeover prospects, with some analysts doubting the company’s ability to recover from recent setbacks. The founding Guillemot family and shareholder Tencent Holdings Ltd., who have been reportedly considering taking the company private, are now weighing their options in light of the latest delay.
With its shares falling the most since September, Ubisoft’s woes serve as a reminder that the highly competitive video game industry can be unforgiving for even the most established players.
Source: https://www.bloomberg.com/news/articles/2025-01-09/ubisoft-hires-advisors-to-weigh-options-after-buyout-interest