This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEI860DZ_L.jpg(Reuters) – Shares in Ubisoft dropped 9% on Wednesday after it announced a deal that will see China’s Tencent Holdings (OTC:TCEHY) raise its stake in the company, a move seen as a signal that a full sale of the French game maker is now very unlikely.
The deal with Tencent Holdings values France’s biggest games developer at $10 billion.