Tencent and Guillemot family's potential buyout of Ubisoft causes stock price to surge 30%.
On Friday, shares of French video game publisher Guillemot surged over 30% after a media report that the company and its founding family are considering a potential buyout.
Ubisoft is facing a potential buyout from Tencent and the Guillemot family, who are both minority shareholders, after the company's market value dropped by more than half this year.
Ubisoft's shares were trading at approximately 30% around 3:20 p.m. London time.
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by Ryan Browne
Technology
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