Late last year, rumours surfaced that Ubisoft was talking to Chinese tech giant Tencent, which took a stake in the French company in 2018 [File]
| Photo Credit: REUTERS
Ubisoft will resume trading on the Paris Stock Exchange by Friday at the latest and will release its first-half results by then, the maker of “Assassin’s Creed” said Wednesday.
The French video game company, whose stock has plunged nearly 50 percent since the beginning of the year, was suspended last Friday after announcing the previous day that it was postponing publication of its results for the first half of its 2025-2026 fiscal year.
While the group has not officially given a reason for postponing its results, CFO Frederick Duguet told employees in an internal email that Ubisoft needed “additional time to finalise the closing of the first half of the year” and that the request to suspend trading was intended to “limit unnecessary speculation and market volatility during this short period.”
The French publisher is one of the largest video game companies in the world, with some 17,000 employees. Its catalogue includes “Assassin’s Creed,” “Far Cry,” and “Just Dance.”
The move sparked speculation over whether Ubisoft is gearing up for a major announcement, possibly a takeover, with the gaming industry hit by a slowdown after the end of the Covid-19 pandemic .
Late last year, rumours surfaced that Ubisoft was talking to Chinese tech giant Tencent, which took a stake in the French company in 2018.
Since 2023, the French publisher has been pursuing a cost-cutting plan that has already led to the closure of several studios abroad and the departure of more than 3,000 employees.
Its market capitalisation, which reached as high as 11.8 billion euros in 2018, now stands at just 910 million.
Published – November 20, 2025 11:12 am IST