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Ubisoft shares set for biggest one-day jump on record after takeover report

UPDATE 1-Ubisoft shares set for biggest one-day jump on record after takeover report Adds Ubisoft response in paragraph 3, details and background in paragraphs 4-6 LONDON, Oct 4 (Reuters) - Shares in video game maker Ubisoft UBIP.PA surged over 30% on Friday after Bloomberg reported that major shareholder Tencent and the Guillemot family, its founders, were considering a buyout of the company.
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Tencent, Guillemot family mulling buyout of 'Assassin's Creed' maker Ubisoft, Bloomberg News reports

Tencent, Guillemot family mulling buyout of 'Assassin's Creed' maker Ubisoft, Bloomberg News reports Oct 4 (Reuters) - Tencent Holdings 0700.HK and Ubisoft Entertainment's UBIP.PA founding Guillemot family are considering options including a potential buyout of the "Assassin's Creed" maker, Bloomberg News reported on Friday. Guillemot Brothers and Tencent have been speaking with advisers to help bolster Ubisoft's value, and stabilize the company, Bloomberg said, citing people familiar with the m
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Ubisoft shares spike higher on buyout report

BUZZ-Ubisoft shares spike higher on buyout report Updates ** Shares in Ubisoft UBIP.PA spike higher, up 3 2 %; set for biggest one-day jump on record ** Bloomberg News reports Tencent 0700.HK and Guillemot family are reportedly considering a buyout of the company ** Shares had dropped to almost 11-year low last week after guidance cut, delay to Ass
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Ubisoft shares set for biggest one-day jump on record after takeover report

Ubisoft shares set for biggest one-day jump on record after takeover report LONDON, Oct 4 (Reuters) - Shares in video game maker Ubisoft UBIP.PA surged over 30% on Friday after Bloomberg reported that major shareholder Tencent and the Guillemot family, its founders, were considering a buyout of the company. Shares in the maker of "Assassin's Creed" were last up 28% at 13.56 euros, set for the biggest one-day jump on record.
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Ubisoft shares spike higher on buyout report

BUZZ-Ubisoft shares spike higher on buyout report ** Shares in Ubisoft UBIP.PA spike higher, up 26% to 3-1/2 week high of 13.65 euros per share ** Bloomberg reports Tencent 0700.HK and Guillemot family are reportedly considering a buyout of the company ** Shares had dropped to almost 11-year low last week after guidance cut, delay to Assassin's Cre
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Tencent, Guillemot Family Are Said To Consider Buyout Of Ubisoft - Bloomberg News

BRIEF-Tencent, Guillemot Family Are Said To Consider Buyout Of Ubisoft - Bloomberg News Oct 4 (Reuters) - TENCENT, GUILLEMOT FAMILY ARE SAID TO CONSIDER BUYOUT OF UBISOFT - BLOOMBERG NEWS Source text: https://tinyurl.com/e93mcxnh Further company coverage: 0700.HK
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European shares close up as bumper US jobs data quashes growth worries

UPDATE 2-European shares close up as bumper US jobs data quashes growth worries For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 up 0.4% Denmark's DSV jumps on $5.5 bln capital raise France's Ubisoft surges on report of possible buyout Shipping stocks fall as strike in US East Coast ends Updated at 1605 GMT By Shashwat Chauhan and Pranav Kashyap Oct 4 (Reuters) - European shares closed higher on Friday a s a stronger-than-antici
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Ubisoft Releases Updates Roadmap For Star Wars Outlaws

BRIEF-Ubisoft Releases Updates Roadmap For Star Wars Outlaws Sept 27 (Reuters) - Ubisoft Entertainment SA UBIP.PA : RELEASES UPDATES ROADMAP FOR STAR WARS OUTLAWS Further company coverage: UBIP.PA (Gdansk Newsroom)
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Top of the Street: Ubisoft, Swiss insurers

BUZZ-Top of the Street: Ubisoft, Swiss insurers A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** HSBC downgrades French video game maker Ubisoft UBIP.PA to "hold" from "buy" and cuts PT by 66% to EUR 10.8, citing Wednesday's profit warning and execution risks, and says there remain risks to earnings in the near term INITIATIONS AND REINSTATEMENTS ** Deutsche Bank initiates Baloise BALN.S with "buy", Helvetia HSPF.S with "hold" and Swiss Life SLHN.S with "
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Big Technologies, Safran, Volution Group

EUROPE RESEARCH ROUNDUP-Big Technologies, Safran, Volution Group Sept 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Big Technologies, Safran and Volution Group on Friday. HIGHLIGHTS * 3I Group III.L : Citigroup raises target price to 4140p from 3850p * Big Technologies Plc BIGB.L : Peel Hunt raises to add from hold * Safran SAF.PA : Jefferies raises target price to EUR 220 from EUR 205 * Solar Foods Oyj SFOODS.HE : Inderes rai
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'Assassin's Creed' maker Ubisoft faces strike over return-to-office plan

'Assassin's Creed' maker Ubisoft faces strike over return-to-office plan PARIS, Sept 26 (Reuters) - "Assassin's Creed" maker Ubisoft UBIP.PA faced a union call for three days of strike action on Thursday after the French videogame group told workers to return to the office. Ubisoft told its employees that they would be required to go to the office three days a week, the STJV videogame workers' union said, adding that the company's demand came after profit-sharing negotiations collapsed.
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Ubisoft activist investor says it has support of 10% of shareholders in management tussle

EXCLUSIVE-Ubisoft activist investor says it has support of 10% of shareholders in management tussle By Zaheer Kachwala Sept 26 (Reuters) - An activist investor pushing for a sale of "Assassin's Creed" maker Ubisoft UBIP.PA has gathered support from 10% of the French videogame publisher's shareholders, it said in a letter on Thursday that was exclusively shared with Reuters.
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Ubisoft at more than 10-year lows on guidance cut, game delay

BUZZ-Ubisoft at more than 10-year lows on guidance cut, game delay Updates shares, adds analyst comment ** Shares of Ubisoft UBIP.PA slump around 17% to their lowest price since December 2013 after the French video game maker lowered its net bookings guidance ** "The cut is bigger than we had expected, and comes on the back of softer than expected
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Ubisoft seen plunging after guidance cut, game delay

BUZZ-Ubisoft seen plunging after guidance cut, game delay ** Ubisoft UBIP.PA is seen down 10% after the French video game maker lowered its net bookings guidance ** "The cut is bigger than we had expected, and comes on the back of softer than expected sales for Star Wars Outlaws," Deutsche Bank says, downgrading the stock to "hold" from "buy" ** Ub
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Burberry, Experian, GEA Group

EUROPE RESEARCH ROUNDUP- Burberry, Experian, GEA Group Sept 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Burberry, Experian and GEA Group, on Thursday. HIGHLIGHTS * Burberry BRBY.L : RBC cuts target price to 650p from 800p * Experian EXPN.L : RBC raises to sector perform from underperform * FACC AG FACC.VI : Kepler Cheuvreux raises to buy from hold * GEA Group AG G1AG.DE : Morgan Stanley raises to overweight from equal-weight
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French and Benelux stocks-Factors to watch

CORRECTED-French and Benelux stocks-Factors to watch Corrects item in final paragraph on Ubisoft Sept 26 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. LEBANON: The United States, France and several allies called for an immediate 21-day ceasefire across the Israel-Lebanon border while also expressing support for a ceasefire in Gaza following intense discussions at the United Nations on Wednes
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France's Ubisoft postpones 'Assassin's Creed Shadows' release, cuts guidance

UPDATE 1-France's Ubisoft postpones 'Assassin's Creed Shadows' release, cuts guidance Added details, CEO and CFO comments throughout By Mathias de Rozario Sept 25 (Reuters) - French videogame maker Ubisoft UBIP.PA has postponed the release of "Assassin's Creed Shadows" by three months to Feb. 14, 2025 and cut its net bookings guidance. Ubisoft said in a statement that net bookings are now seen falling from last year, to around 1.95 billion euros for the company's 2024-2025 fiscal year.
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Ubisoft postpones 'Assassin's Creed Shadows' release, cuts Q2 guidance

Ubisoft postpones 'Assassin's Creed Shadows' release, cuts Q2 guidance Sept 25 (Reuters) - French videogame maker Ubisoft UBIP.PA has postponed the release of "Assassin's Creed Shadows" by three months to Feb. 14, 2025 and cut its guidance for second-quarter net bookings. Net bookings are now seen at around 350 million to 370 million euros in the three months to end September, compared with 500 million euros previously.
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Ubisoft Now Sees Q2 Net Bookings Of 370 Mln

BRIEF-Ubisoft Now Sees Q2 Net Bookings Of EUR 350-370 Mln Sept 25 (Reuters) - Ubisoft Entertainment SA UBIP.PA : STAR WARS OUTLAWS WILL BE AVAILABLE ON STEAM ON NOVEMBER 21 UBISOFT UPDATES ITS FINANCIAL TARGETS FOR FY2024-25 ASSASSIN'S CREED SHADOWS WILL NOW BE RELEASED ON 14 FEBRUARY 2025 NOW TARGETS FY2024-25 NET BOOKINGS FOR Q2 FY2024-25 TO STAN
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Ubisoft slides as event cancellations might suggest issues with upcoming game release

BUZZ-Ubisoft slides as event cancellations might suggest issues with upcoming game release ** Shares in Ubisoft UBIP.PA are down 3% after falling as much as 6.9% earlier in the session, after it cancelled its participation in the Tokyo Game Show and a press preview for its upcoming release Assassin's Creed Shadows ** Midcap analyst Charles-Louis Planade says Ubisoft pulling out of the event is "strange and above all worrying", as it is just a short time before the scheduled release of AC Shadows
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