Tencent, Guillemot family weighing new Ubisoft asset venture, Bloomberg reports

Tencent (TCEHY) and Ubisoft’s (UBSFY) founding Guillemot family are weighing establishing a new venture that would include some of the game maker’s assets as they aim to boost the “Assassin’s Creed” publisher’s value, Bloomberg’s Dong Cao reports, citing people familiar with the situation. The Chinese conglomerate and the controlling Guillemot family are mulling which assets to include in a new entity as well as their valuation, the author says, noting that a potential deal would allow Tencent to own a holding in the venture and gain more control over some of the game maker’s IP, while boosting its video game business outside of China.