Tencent to Double Ubisoft Stake, Invest 300 Million Euros.

UBISOFT Entertainment SA; TENCENT Holdings Ltd.; EURO

In addition, Tencent will not be able to increase its stake in Ubisoft beyond 9.99% of Ubisoft's capital and voting rights for eight years. Keywords: 700@HK; UBI@FP; ALLTOP; BUSINESS; COS; EUROPE; FIN; FRA; HAR; INDUSTRIES; MARKETS; STK; TEC; TMT; TOP; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN 700@HK UBI@FP ALLTOP BUSINESS COS EUROPE FIN FRA HAR INDUSTRIES MARKETS STK TEC TMT TOP WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU Tencent Holdings Ltd is set to more than double its stake in Ubisoft Entertainment SA, snapping months of speculation on the future of the French gaming studio known for its Assassin's Creed franchise. [Extracted from the article]

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