Some Ubisoft stakeholders are reportedly considering a buyout to make the company private following a series of big changes.The Latest Tech News, Delivered to Your Inbox

Amidst the chaos that is Ubisoft right now, a new report confirms that there is a Assassin's Creed Black Flag remake in active development.

Guillemot Brothers and Tencent have been speaking with advisers to help bolster Ubisoft's value, and stabilize the company, Bloomberg said, citing people familiar with the matter. Ubisoft's shares surged nearly 30% after the report of the buyout. The company had a market value of 1.39 billion euros ($1.52 billion), as of Thursday close.

Shares of Ubisoft surged more than 30% Friday, following reports that Tencent and the Guillemot family are considering a buyout of the video game maker

Shares of Ubisoft jumped more than 30% Friday, following reports that Tencent and the Guillemot family are considering a buyout of the videogame maker.

Shares of Ubisoft, in which Tencent has a direct stake, have fallen about 40 per cent this year amid weaker-than-expected sales Tencent Holdings and Ubisoft Entertainment's founding Guillemot family are considering options,

Bloomberg reported that Tencent and Ubisoft’s founding Guillemot family are discussing a potential buyout of the French video game developer.

The French video game firm’s stock fell to a decade-low after delaying the latest entry in its popular Assassin’s Creed series.