Ubisoft does not appear to be as opposed to accepting an acquisition offer as it has been in the past, and should one happen in the future, it will consider it for the benefit of all parties involved.
Speaking in Q3 2022 calls for investors, the topic of consolidation in the industry is brought up. Speaking on the subject, Ubisoft CEO and co-founder Yves Guillemot assured that the company’s assets “have never been this strong at a time when asset values have never been so high” ( thank, GI.biz).
Asked during an investor call if being in such a good position meant it was a good time to sell, Guillemot said the matter would be discussed with management, but stressed the company has means of maintaining independence.
“We always make our decisions in the best interest of our stakeholders, which are our players, employees and shareholders,” Guillemot said. “So Ubisoft can stay independent. We have talent, industrial and financial scale, and a large portfolio of powerful IPs.
“Having said that, if there is an offer to buy us, the board of directors will of course consider it for the benefit of all parties involved.”
When asked why Ubisoft has yet to receive an offer with value in its IP, Chief Financial Officer Frederick Duguet said the company won’t speculate on why no offers have been made, so He could not comment further.
“What we can say is that as we mentioned, we have high value assets. We have the scale to remain independent and create value that is significant going forward because of us. has the size of the workforce, as well as engineering, technology, IP, and fully interactive communities.”
Although Ubisoft has not said whether or not it has received offers for the company, at one point, it was the goal of the company. a hostile takeover attempt of Vivendi, a French media group with headquarters in Paris. It is the owner of Gameloft (which it acquired through a hostile takeover), and in 2008 it merged its game publishing unit with Activision in an 18-year deal, $8 billion indicates it owns a majority stake in Activision Blizzard. In 2013, Activision Blizzard purchased 429 million shares from Vivendi for $5.83 billion, reducing the shareholder from a 63% stake to 11.8% at the end of the September sale.
Fast forward to 2015 and Vivendi has its eye on Ubisoft, and over the course of three years has bought more and more shares of Ubisoft, reaching 27.3% at one point. That’s something Ubisoft is completely against. Guillemot has gone so far as to call it “a fight to preserve our independence.”
To prevent the company from buying more stock, Ubisoft enlist help of the Chinese giant Tencent, and the Ontario Teacher Retirement Plan. After that, Vivendi agreed to sell off its stake in Ubisoft and not acquire more for the next 5 years.
https://www.vg247.com/ubisoft-says-it-would-listen-to-offers-of-a-buyout-but-it-has-the-resources-to-remain-independent Ubisoft says it will listen to acquisition offers, but it has the resources to remain independent