Blackstone and KKR said to eye Ubisoft Entertainment, reveals Bloomberg - Part 3
Wednesday, 4 May 2022, 8:30 pm
Perhaps Betaville was being too snarky about Dealreporter's Ubisoft Entertainment tale.
A loyal reader points out that the Dealreporter piece reveals the Guillemot family, who founded Ubisoft in 1986, is assessing doing a deal with a private equity firm.
That fact is extremely important because the Guillemot's were viewed a possible impediment to a takeover following an approach several years ago at a much higher price.
No wonder, then, that Ubisoft's shares held their near 10pc spike and closed at EURO 46... ..