Daniel Zuidijk / Bloomberg:
Ubisoft says Tencent's €1.16B investment in Vantage Studios, set to reduce its debt, is complete, giving Tencent a 26% stake in Vantage and valuing it at €3.8B — Ubisoft Entertainment SA's shares jumped by the most in nearly a year after the company closed a deal with Tencent Holdings Ltd …
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Ubisoft says Tencent's €1.16B investment in Vantage Studios, set to reduce its debt, is complete, giving Tencent a 26% stake in Vantage and valuing it at €3.8B (Daniel Zuidijk/Bloomberg)
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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)
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