Juraj Krupa, CEO of AJ Investments, has once again criticized Ubisoft's management, accusing it of incompetence and poor leadership.
This time, his outrage stems from the alleged concealment of information regarding deals with Saudi Arabia related to DLC for Assassin’s Creed Mirage, as well as secret negotiations with Microsoft, EA, and other companies that have shown interest in acquiring Ubisoft's intellectual property. Krupa had previously expressed dissatisfaction following the disappointing release of Star Wars Outlaws.
Krupa also claims that Ubisoft is being managed extremely inefficiently, leading to a continuous decline in the company's stock value. He is demanding a clear plan from the leadership to restore the business and greater transparency in decision-making. Specifically, the shareholder references confidential materials from the MergerMarket platform, which mention negotiations with potential buyers. Krupa is urging all dissatisfied parties to gather in May for a protest near Ubisoft's office in Paris.
In response to these allegations, Ubisoft stated that the company, together with Goldman Sachs and JP Morgan, is currently analyzing possible strategic options. If these measures lead to an increase in stock value, Juraj Krupa is prepared to withdraw his protest initiative. However, in case of failure, AJ Investments intends to sue Ubisoft for misleading its shareholders.
In October 2024, Bloomberg reported that Ubisoft, in collaboration with Tencent, is exploring the possibility of taking the company private due to continuous failures and a sharp decline in stock value. Much now depends on the success of the upcoming game Assassin’s Creed Shadows, whose performance could determine the future of the corporation.
Main image: wallpaperaccess.com
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