Ubisoft & Tencent’s 1.16 billion euro deal to form Vantage Studios subsidiary will close imminently
Ubisoft has begun trading again this week and released a wealth of delayed information regarding its latest financial results. The company startled many with a sudden delay of earnings reports and the halt of trade on its stock, but today, following the resolution of those issues, it also announced that a previously teased deal to start a subsidiary studio with Tencent is set to close very soon. This deal will see Vantage Studios formed to manage the Far Cry, Assassin’s Creed, and Tom Clancy’s Rainbow Six Siege IPs in a joint venture between Ubisoft and Tencent staff. Ubisoft announced the latest details on its collaboration with Tencent and the formation of Vantage Studios in its H1 2025-26 earnings results this week. While many eyes were on the reasoning behind the trade halt and earnings delay last week, the details of the Tencent deal were also included. According to Ubisoft CEO and Co-Founder Yves Guillemot, the deal is almost certain to close and go into effect very soon:.
https://www.shacknews.com/article/146928/ubisoft-tencent-vantage-studios-1-billion-euros
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