CEO: Ubisoft still open to other partners


PARIS: Ubisoft, France’s biggest video game maker, is still open to other partners after a deal in which China’s Tencent will raise its stake in the company, its co-founder and CEO Yves Guillemot says.

Guillemot’s comments, made at a closed press event whose content the company asked not to be made public before a showcase event online on Saturday, came on the heels of a rough day for Ubisoft’s stock, which tumbled 17% after the group announced Tencent would become its single biggest shareholder with an overall stake of 11%.

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