Ubisoft shares surge on report of private-equity interest

French videogames maker Ubisoft Entertainment
UBI,
+13.06%
jumped 12% in midday Paris action, after Bloomberg News reported that private-equity firms including Blackstone and KKR were studying whether to make a bid. The stock is down 34% from its high last year. Ubisoft CEO Yves Guillemot in February said the company can remain independent but would consider offers. This year, Microsoft
MSFT,
-2.41%
has agreed to buy Activision Blizzard
ATVI,
-0.37%,
and Sony
sne
has agreed to acquire Bungie.