Ubisoft Faces Investor Protest Over Alleged Mismanagement and Acquisition Talks

Minority shareholder AJ Investments criticizes Ubisoft's leadership, citing delayed releases, declining stock, and undisclosed discussions with Microsoft and EA.

• AJ Investments, a minority shareholder in Ubisoft, plans a protest in May over what it calls 'horrible mismanagement' by the company's leadership.
• The firm alleges that Ubisoft failed to disclose meetings with Microsoft, EA, and others about potential acquisition deals involving its intellectual properties.
• Repeated delays of Assassin's Creed Shadows, now set for a March 20 release, have reportedly contributed to declining shareholder value and investor frustration.
• Ubisoft has stated that it is conducting a strategic review with advisers Goldman Sachs and JP Morgan but will only announce developments if a transaction materializes.
• AJ Investments has threatened legal action against Ubisoft, accusing the company of misleading investors and failing to adapt to market challenges.

3 Articles

GamesRadar+ Insider Gaming GameSpot