BUZZ-Ubisoft up after report it seeks investors to back new venture

Reuters

2025/03/14

** Shares in Ubisoft UBIP.PA jump around 5% after Bloomberg News reported the French video game maker is seeking investors for creation of new entity

** Ubisoft's shareholder Tencent Holdings 0700.HK is among firms invited to bid for stake in a new entity, Bloomberg said

** Ubisoft was not available for comment

** TP ICAP MidCap analyst Charles-Louis Planade says the shares might also be rising ahead of "Assassin's Creed: Shadows" premiere on March 20

** "It's now or never for them", says analyst

** Up to the previous session's close, shares were down 6.6% YTD

(Reporting by Mateusz Rabiega)

((Mateusz.rabiega@thomsonreuters.com))

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19:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Ubisoft up after report it seeks investors to back new venture</title></head><body><p>** Shares in Ubisoft <span>UBIP.PA</span> <span>jump around 5% </span>after Bloomberg News <span>reported</span> <span>the French video game maker is seeking </span>investors for creation of new entity</p><p>** Ubisoft's shareholder Tencent Holdings <span>0700.HK</span> is among firms invited to bid for stake in a new entity, Bloomberg said</p><p>** <span>Ubisoft was not available for comment</span></p><p>** <a href=\"https://laohu8.com/S/TCAP.UK\">TP ICAP</a> MidCap analyst Charles-Louis Planade <span>says the shares might also be rising ahead of \"Assassin's Creed: Shadows\" premiere on March 20</span></p><p>** \"It's now or never for them\", says analyst</p><p>** Up to the previous session's close, shares were down 6.6% YTD</p><p> (Reporting by Mateusz Rabiega)</p><p> 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