Ubisoft: Tencent's €1.16 Billion Lifeline Erases Debt, But The Turnaround Still Isn't Proven
Stock Analysis, Communication Services, Interactive Home Entertainment Alexander I. Velasquez Stock Analysis, Communication Services, Interactive Home Entertainment Alexander I. Velasquez

Ubisoft: Tencent's €1.16 Billion Lifeline Erases Debt, But The Turnaround Still Isn't Proven

Ubisoft Entertainment (OTCPK:UBSFY) (OTCPK:UBSFF) erased its net debt through Tencent’s €1.16B investment, but its turnaround remains unproven as execution risk and portfolio dependence persist.

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