![]() ![]() However, in many Asian countries homosexuality is still criminalized - Brunei recently passed a law that would see individuals convicted of gay sex stoned to death. However they still cannot adopt non-biological children or have transnational marriages.Īcross Asia, Thailand is also close to passing a law that would allow same-sex unions. Same-sex couples are allowed to adopt the biological children of their partner and are entitled to inheritance rights. Though a 2018 referendum led to voters rejecting same-sex marriage, the government unveiled a “permanent union” bill to sidestep the referendum vote. Tencent, based in Shenzhen, China, has grown into one of the world's largest gaming companies over the years, through acquisitions of and investments in smaller studios with popular global titles including League of Legends maker Riot Games, for example.Taiwan became the first country in Asia to legalize same-sex marriage on May 24th, 2019, after a landmark ruling from Taiwan’s constitutional court stating that prohibiting same-sex couples from becoming legally married is unconstitutional. Tencent's investment continues a flurry of deals in the video games space this year, particularly from Asian firms, that began with Microsoft's proposed $68.7 billion acquisition of Activision Blizzard in January followed by Sony's takeover of Bungie, the maker of hit games Halo and Destiny. Ubisoft has faced a number of challenges including sexual harassment allegations and a lack of new hit titles. ![]() Tencent stepped in to buy some of the Ubisoft shares Vivendi offloaded and the Chinese tech giant ended up owning a 5% stake in the games company. In 2018, after a three-year battle, Vivendi dropped its pursuit of Ubisoft. But the Guillemot family were determined to keep the company independent. Ubisoft's drama began in 2015 when French media conglomerate Vivendi took a stake in the European gaming firm, eventually becoming its biggest shareholder. That effectively rules out a complete takeover of the gaming firm. But Tencent will not be able to sell its shares for five years and will not be able to increase its stake in Ubisoft beyond 9.99% for a period of eight years. ![]() As part of the deal, Tencent is able to increase its direct stake in Ubisoft from 4.5% currently to 9.99% of the capital or voting rights. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
March 2023
Categories |