Ubisoft has completed Tencent’s €1.2 billion (US$1.4 billion) investment in Vantage Studios, valuing the new subsidiary at €3.8 billion (US$4.4 billion).

Tencent now holds a 26.3% economic interest, but Ubisoft retains full control.

Vantage Studios, based in France and operational since October 1, 2025, focuses on the Assassin’s Creed, Far Cry, and Rainbow Six franchises.

Its leadership includes co-CEOs Charlie Guillemot and Christophe Derennes.

Proceeds from the deal will reduce Ubisoft’s group debt and support other investments.

A shareholders’ agreement gives Tencent minority protection rights, customary lock-up and share transfer provisions, and outlines options for both parties if Ubisoft undergoes a change of control.

🔗 Source: Ubisoft

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