Ubisoft closing in on SCi deal
by Steven Williamson
on 6 September 2007, 12:13
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SCi said: "Following the recent speculation in the press, the board of SCi Entertainment confirms that is has received an approach and as a result has entered into extremely preliminary discussions regarding a possible offer for the company."
Speculation is rife as to which company SCi are currently in closed talks with, but UK newspaper The Guardian have suggested today that it's French company Ubisoft looking to strike the deal before other possible buyers, Warner Bros - who currently have a 10% stake in SCi, Electronic Arts or even Sony move in to scupper the deal and purchase the company for themselves.
SCi are currently valued at £332m.
Source :: The Guardian