Juraj Krúpa, the CEO of AJ Investments and a minority stakeholder at Ubisoft, intends to organize a demonstration outside Ubisoft’s headquarters in Paris. According to Krúpa, Ubisoft has not disclosed to investors their talks with companies such as Microsoft, EA, and others who were interested in buying Ubisoft’s valuable intellectual properties. He alleges that the management is damaging Ubisoft’s well-known and valuable brand by not addressing this issue appropriately.
According to comments made by Krúpa, reportedly seen by IGN, he alleges that Ubisoft is currently in a state of poor management and that there is a strong desire among investors for a definite plan to restore the company. He additionally accuses the company of concealing information, such as their partnership with Savvy Group concerning a DLC agreement for Assassin’s Creed Mirage. AJ Investments has stated they are ready to take legal action against the company for allegedly deceiving investors.
The primary concern revolves around Krúpa’s claim, based on confidential information from MergerMarket’s investment platform, suggesting that Ubisoft failed to reveal ongoing discussions regarding the potential acquisition of their IPs by companies such as Microsoft and EA, among others. This lack of transparency towards the public remains a significant point of contention.
In response, Ubisoft told IGN that they are currently examining different strategic and financial options, some of which could be quite transformative. An independent committee has been set up to oversee this process, ensuring a fair and competitive evaluation of Ubisoft’s assets and franchises for the benefit of all stakeholders. If a transaction comes to fruition, the market will be notified in compliance with relevant regulations.
In October, there were indications that Tencent might consider purchasing Ubisoft and making the company private, but it seems those talks were preliminary in nature. As Krúpa points out, the continuous delays in releasing Assassin’s Creed Shadows, which occurred just a few months apart, could have been anticipated by Ubisoft given their previous confirmations to investors and subsequent revisions to their full-year projections. The third delay has now pushed back the game’s release date to March 20th, 2025.
The dissatisfied stockholder intends to afford Ubisoft an opportunity to rectify its issues, and is openly communicating this intention ahead of time. Krúpa has announced that he will cancel his proposed demonstration under the condition that the company boosts shareholder value in the months following the launch of Shadows.
It’s been made clear that Ubisoft’s leadership and chief executive are conducting a comprehensive financial analysis, with Goldman Sachs and JP Morgan as advisors. We anticipate this assessment will provide answers within the next few months. Given this, we’re planning a rally in May to give them ample time to make a decision that significantly boosts shareholder value. If their decision successfully enhances shareholder value, we will cancel the rally.
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2025-03-13 08:06