Tencent Holdings Ltd. and Ubisoft Entertainment SA’s founding Guillemot family are considering creating a new venture that would include certain Ubisoft assets as they seek to boost the French video-game company’s value,

Ubisoft and Tencent are said to be "evaluating which assets to include" in a potential new venture. A new report may contain fresh clues about the apparent partnership between Ubisoft and Tencent, Ubisoft's fortunes continue to slide and the company looks for a way forward.

Tencent and Ubisoft’s founding Guillemot family are considering the creation of a new venture containing some Ubisoft assets, it’s claimed.

There’s a curious new report on what the Guillemots and Tencent are planning to do with Ubisoft. As reported on Bloomberg, the Guillemots may look to launch a new joint venture with Ubisoft’s biggest external investor. Ubisoft will then divest some of the company’s properties and bring it on to the new company.

Tencent Holdings and Ubisoft Entertainment’s founding Guillemot family are looking at creating a new venture that would include certain Ubisoft assets as they seek to boost the French videogame company’s value,

Barclays (LON: BARC) analysts suggested in a note that the development might signal increased value for Ubisoft's holdings, though many questions remain unanswered. "This is not a take-out but it could imply more value for Ubisoft's assets," said the bank.