The Ubisoft logo is displayed during the European Brand Licensing Conference at ExCel London on September 24, 2024.
John Cable | Getty Images
French video game publisher Ubisoft It said Thursday it was appointing advisers to review and pursue strategic options after a report last year indicated majority backers were considering a takeover.
Ubisoft said in a strategy update that “leading advisors” have been appointed to explore “transformative strategic and capital options to extract the best value for stakeholders.”
“This process will be overseen by independent members of the board of directors. Ubisoft will inform the market in accordance with applicable regulations if the transaction is completed,” the company said in a statement late Thursday.
This is a breaking news story. Please refresh for updates.
