Tencent acquires 49.9% stake in Guillemot Brothers Ltd. (majority shareholders in Ubisoft)
News from the supremely exciting front of corporate finance and management: Chinese company Tencent, owner of League of Legends’ Riot Games and partial owner of Fortnite (among many others), has purchased a minority stake in Guillemot Brothers Ltd. — Ubisoft’s largest shareholders, owned and run by Ubisoft CEO and founder…