For your information, Guillemot Family-owned, Guillemot Brothers Ltd currently holds just over 20% of voting rights within the French publisher, Ubisoft while Tencent holds 9.2% of it. Furthermore, AJ Investments, a hedge fund with a 1% stake in Ubisoft, has been demanding the resignation of CEO Yves Guillemot. In an open letter, the hedge fund also stated that it has the backing of 10% of Ubisoft’s different shareholders.
Bloomberg also mentioned that if the buyout goes through with Tencent and Guillemot Family, then “the result of which would presumably be a Ubisoft wholly owned by this partnership.”. Though, multiple sources had come out and say that nothing is set in stone quite yet as they’re looking for alternative options.