French publisher Ubisoft is seemingly unlikely to sell out for less than €60 per share.
That's according to Dealreporter – as spotted by Seeking Alpha – which reports that those familiar with the buyout negotiations say that Ubisoft would need a per share price of €60 or €70 to sell. It's even suggested that the company would want €100 per share, though it's worth noting that Ubisoft has only ever spent a short time at this kind of stock price. It also hasn't been above €60 since July 2021.
Since April there have been reports that Ubisoft could be up for sale. Private equity firms Blackstone and KKR are apparently eying up the French firm, though the Guillemot family is also looking to team up with other private equity firms to maintain control of the company.
Earlier in May, Ubisoft CEO Yves Guillemot (pictured) said that it has "everything" it needs to "remain independent". The company previously fought off a hostile takeover attempt by French entertainment conglomerate Vivendi.
Disclaimer: Alex Calvin is a freelance journalist and writer who has worked with Ubisoft on projects in the past.