Over the course of the past two years, there’s been a flurry of mergers and acquisitions within the video game industry
Ongoing consolidation has led to some of the biggest deals in history, with Microsoft’s announced deal to acquire Activision Blizzard for nearly $70 billion topping the bill.
Now, as more acquisition rumors swirl, Ubisoft, the creator of “Assassin’s Creed”, has said it would consider any buyout offers.
Of course, it doesn’t mean Ubisoft is indeed a target, only that it would review any offers.
Ubisoft CEO, Yves Guillemot said, “Ubisoft’s assets have never been so strong at a time when the value of assets has never been so high…
“Having said that, if there were an offer to buy us, the board of directors would, of course, review it in the interest of all stakeholders.”
Should the company receive a buyout offer, it would likely be more than its current $6.3 billion market-capitalization. Microsoft paid a 45% premium for Activision based on its closing share price prior to the announcement.
However, investor should not simply jump into the stock (OTC: UBSFY), expecting a suitor to come along and acquire Ubisoft. The company has had its share of controversy and recent earnings show the company preforming at the lower end of expectations.
Read more about Ubisoft’s potential as a buyout target, HERE
Or discover additional companies that may be buyout targets, HERE
Source: https://comicbook.com/gaming/news/ubisoft-ceo-yves-guillemot-review-acquisition-offers/