Ubisoft taps Tencent cash to pay off breached loan
Ubisoft will use a $1.25B Tencent investment to repay a €286M loan after an accounting error breached its agreement. Shares surged 13% as trading resumed.
Ubisoft will use a $1.25B Tencent investment to repay a €286M loan after an accounting error breached its agreement. Shares surged 13% as trading resumed.
Ubisoft will release its delayed fiscal first-half results and resume share trading on Friday, ending a week of market speculation after an unexplained postponement.
Ubisoft unexpectedly suspended share trading and delayed its first-half financial results on the scheduled release day. The gaming giant cites needing extra time to finalize reports.
Ubisoft unexpectedly postponed its first-half financial results on November 14, 2025, requesting a trading halt to limit market speculation. The French gaming giant faces significant stock declines.