Merger Notification - Announcement according to § 10 Cartel Act
Proxima Beta Europe B.V.; Ubisoft Entertainment SA; Ubisoft Nova SAS
BWB/Z-6976
On 20.06.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Tencent Holdings Limited, Cayman Islands, intends to indirectly acquire, via its wholly owned subsidiary Proxima Beta Europe B.V., the Netherlands, up to 26 % of the shares in a NewCo set up by Ubisoft Entertainment SA, France. The NewCo will be responsible to develop, publish and distribute three of Ubisoft's existing video game franchises: Assassin's Creed, Tom Clancy's Rainbow Six, and Far Cry.
Economic sector: Publishing activities; Software publishing; Publishing of video games.
J - PUBLISHING, BROADCASTING, AND CONTENT PRODUCTION AND DISTRIBUTION ACTIVITIES J 58 - Publishing activities, J 58.2 - Software publishing, J 58.21 - Publishing of video games, J 58.29 - Other software publishing
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.07.2025.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.
Non-prohibition of the merger
The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 19.07.2025 .