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misk@piefed.social to Games@sh.itjust.worksEnglish · 4 months ago

Ubisoft Results Delay Came After Sales Restatement, Loan Breach

www.bloomberg.com

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Ubisoft Results Delay Came After Sales Restatement, Loan Breach

www.bloomberg.com

misk@piefed.social to Games@sh.itjust.worksEnglish · 4 months ago
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Ubisoft to Tap Tencent Money to Pay Off Breached Loan Agreement
www.bloomberg.com
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Ubisoft Entertainment SA said it will use money from a Tencent Holdings Ltd. investment to pay off debt after the video-game publisher breached a loan agreement because of its accounting practices. Its shares, which had been halted for a week, surged.

https://archive.ph/2025.11.21-075131/https://www.bloomberg.com/news/articles/2025-11-21/ubisoft-results-delay-came-after-sales-restatement-loan-breach

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  • Blizzard@lemmy.zip
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    4 months ago

    It’s fun to watch Ubislop squirm :D

    • poke@sh.itjust.works
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      4 months ago

      What’s not fun is how many developers’ jobs are in jeapardy.

      • mnemonicmonkeys@sh.itjust.works
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        4 months ago

        Ubisoft being shit isn’t anything new though. They’ve had plenty of time to jump ship to something better

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