Paris, Ubisoft officially confirmed Tuesday that a strategic transaction with Tencent will close imminently, with Tencent providing €1.16 billion to acquire a 25% stake in new subsidiary Vantage Studios. The firm reported H1 results ahead of expectations after a brief reporting delay and trading halt tied to a revenue restatement. Vantage will house Assassin's Creed, Far Cry and Rainbow Six under co-CEOs Charles Guillemot and Christophe Derennes, and Tencent’s investment will strengthen balance sheets and reduce financial leverage. Ubisoft reported a headcount of 17,097 and said all conditions precedent have been satisfied. Based on 5 articles reviewed and supporting research.
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Vantage Studios and Tencent benefited directly: Tencent acquired a 25% minority stake and Vantage received €1.16 billion in cash that Ubisoft said will deleverage the group and fund the three flagship franchises.
Some Ubisoft employees and shareholders suffered disruption: the company disclosed a headcount of 17,097 (down ~1,500 year‑over‑year), and trading was briefly halted following a restatement and delayed earnings report.
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Tencent to invest €1.16bn in Ubisoft’s Vantage Studios
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