BRIEF: Tencent invests in major new Ubisoft unit
French video game developer Ubisoft (UBSFY.US; UBI.PA) on Thursday announced its establishment of a major new gaming-focused subsidiary, with Tencent Holdings Ltd. (0700.HK)investing 1.16 billion euros ($1.25 billion) for a…
Tencent may join forces for Ubisoft bid
The Chinese Internet giant and the Guillemot family are reportedly exploring a joint buyout of French game developer Ubisoft, which has been hit by fierce competition and the delayed game…
