Bloomberg reports that Blackstone, KKR, and other private equity firms are studying Ubisoft for a potential buyout. Ubisoft’s stock rose by 11% following news of the report. Representatives for Blackstone and KKR declined to comment, and Ubisoft hasn’t entered any serious talks.
Blackstone is a leading global investment business investing capital on behalf of pension funds, large institutions and individuals. Our mission is to create long-term value for our investors through the careful stewardship of their capital. We invest across the alternative asset classes in private equity, real estate, credit and hedge funds as well as in infrastructure, life sciences, insurance, and growth equity. Our efforts and capital grow hundreds of companies and support local economies.
Source: Bloomberg