(Reuters) – Shares in Ubisoft dropped 9% on Wednesday after it announced a deal that will see China’s Tencent Holdings raise its stake in the company, a move seen as a signal that a full sale of the French game maker is now very unlikely.
The deal with Tencent Holdings values France’s biggest games developer at $10 billion.
(Reporting by Diana Mandiá, editing by Silvia Aloisi)
