Ubisoft CEO on buyout rumors: “We have everything we need to remain independent”

Addressing rumors that private equity firms may be looking to acquire French publisher Ubisoft, CEO Yves Guillemot said during today’s year-end investors call that the company has “everything we need to remain independent.”

The metaphorical sharks are circling, according to the earlier report, largely because of Ubisoft’s deflating share price—it’s current trading at €41.61, less than half its value at the start of 2021—and perhaps a certain FOMO driven by recent big moves from Microsoft, Sony, Take-Two, and Embracer. But Guillemot made it clear in his opening remarks that he’s not interested in selling out.

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