Bloomberg journalists reported not long ago that some investment funds, including Blackstone and KKR, are interested in purchasing Ubisoft, a French game publisher.
These were just discussions at the time, and the company’s CEO, Yves Guillemot, who owns the majority of the company’s stock, was not present. The Guillemot family decided to take control of the situation, as the authors of Seeking Alpha explained today.
It’s been reported that she and a private investment firm may buy the company outright to avoid a future sale. According to reports in the press, the Guillemot family wishes to remain at the helm of Ubisoft and continue to develop games, rather than entrusting their company to a third party.
The Guillemot family currently owns 15.9% of the company’s shares, as well as 22.3% of the so-called voting shares, which give their owners the right to vote at the company’s annual general meetings and all extraordinary meetings.