Tencent faces new video-game M&A challenge

Tencent faces new video-game M&A challenge

LONDON, Aug 5 (Reuters Breakingviews) – The frenzy in video-game dealmaking has reached a new level. China’s Tencent (0700.HK) wants to increase its 5% stake in smaller French rival Ubisoft Entertainment (UBIP.PA), the outfit behind the wildly popular “Assassin’s Creed” franchise, according to Reuters. The $380 billion company could offer the founding Guillemot family, who … Read more

Breakingviews: GE is fine, it’s everyone else that’s the problem

Breakingviews: GE is fine, it’s everyone else that’s the problem

Technicians build LEAP engines for jetliners at a new, highly automated General Electric (GE) factory in Lafayette, Indiana, US on March 29, 2017. REUTERS/Alwyn Scott/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, July 26 (Reuters Breakingviews) – No man is an island, but General Electric (GE.N) boss Larry Culp might … Read more