Technology

Activist Investor Pushes Ubisoft for Sale with Growing Shareholder Support 💰🎮

AJ Investments, a Slovakia-based activist investor, has garnered support from 10% of Ubisoft’s shareholders, advocating for a sale of the company. With less than 1% personal stake, AJ is in talks with private equity firms to push Ubisoft’s management towards selling the “Assassin’s Creed” maker. Ubisoft’s shares have underperformed amidst delayed game releases and declining market value, sparking calls for significant changes. Talks with Ubisoft’s management are expected soon.

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