French video game publisher Ubisoft is looking for investors to take a minority stake in a yet-to-be-formed business that would own some of its key intellectual property, including the Assassin’s Creed brand. It has approached a number of potential partners including China’s Tencent, which had been reportedly in talks with the company last year about a possible buyout. (Bloomberg)

Talking point: The new unit may fetch a higher valuation than the company itself, according to Bloomberg’s sources. Yet shares in Ubisoft, which employs more than 5,500 people in Canada, have declined for years as it released a procession of major titles that failed to live up to sales expectations. Its next chance to break that string of misses arrives next week with the launch of Assassin’s Creed Shadows from the Ubisoft Quebec studio. Ubisoft said in January it was exploring “various transformational strategic and capitalistic options” to maximize shareholder value.