Ubisoft (UBSFY) Shares Surge 10% on Acquisition Speculation by Tencent and Guillemot Family

Oct 04, 2024

Shares of Ubisoft (UBSFY, Financial) soared by 10% and were subsequently halted amid reports that Tencent and the Guillemot family are considering acquiring the company. The discussions are reportedly in the preliminary stages and may not result in a transaction.

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