January 24, 2025 15:59 GMT
CREDIT SUPPLY: Ubisoft Equity Rallies On Savvy Games Content Partnership
CREDIT SUPPLY
UBIFP
Equity rallying while their 27s have moved modestly higher to sit 30c higher today. Article seems to allude to a possible financial partnership (“a rapprochement that raises questions in light of the group's situation”) though stops short of stating as much. Link: {NSN SQLM7V33O5C0 T1 <GO>}
- Ubisoft has partnered with Saudi Arabia's Savvy Games Group (owned by the PIF) to fund and develop a DLC for Assassin’s Creed Mirage, signaling a strategic shift as the base game was originally intended to be standalone.
- Saudi Arabia has committed USD 40bn to gaming via Savvy Games, acquiring stakes in major players like Activision, Nintendo, and EA.
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