The Ubisoft
$UBI (-2.2%)-share price rises on takeover rumors as Chinese 🇨🇳Technologiekonzern Tencent
$700 (-1.5%) shows interest in the French 🇫🇷 game developer. Tencent and the Guillemot family are examining options to stabilize the company, whose value has fallen by over 50 percent this year.

Tencent already holds 9,2 percent of the voting rights, which Guillemot-family holds around 20,5 percent.

Although the shares in Paris by up to 33 percent, the share price fell by around 40 percent over the course of the year.

Ubisoft is struggling with weak
business developmentespecially due to delayed game releases.