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Ubisoft has appointed advisors to review strategic options amid speculation the company could go private and a restructure that includes approximately €200 million in cost-cutting measures.
In an update to investors, the publisher said that following strategic and execution reviews, it’s now recruited advisors to “review and pursue various transformational strategic and capitalistic options to extract the best value for stakeholders”.
Ubisoft has been linked with deals to take it private, including a management-led buyout backed by Chinese publishing giant and investor Tencent.
Another delay
The company aims to reduced fixed costs by €200 million in FY25/26, compared to levels during FY22/23. As well as ending development on shooter XDefiant, the publisher said it recently closed three production studios in “high-cost geographies”.
Its upcoming title Assassin’s Creed Shadows has been delayed once again to March 20th.
“We made good progress on the strategic and execution reviews initiated a few months ago and are confident that this will position Ubisoft for a stronger future,” said Ubisoft CEO and co-founder Yves Guillemot.
“We have taken decisive steps to reshape the group in order to deliver best-in-class player experiences, enhance operational efficiency and maximise value creation.
“We also recently appointed leading advisors and are actively exploring various strategic and capitalistic options to unlock the full value potential of our assets. We are convinced that there are several potential paths to generate value from Ubisoft’s assets and franchises.”
