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There’s just enough time for one more rumour before the games industry closes down for Christmas. According to sources close to MCV, Ubisoft is plotting a bid for THQ’s assets. If successful, the French company would control all of the struggling publisher’s studios and intellectual property, including franchises such as Saints Row and Homefront.

Earlier in the week, THQ filed for Chapter 11 bankruptcy as it handed over its remaining assets to an investment firm known as Clearlake Capital. The move puts the organisation on the market, with Ubisoft reportedly keen on an acquisition.

MCV’s report claims that the Assassin’s Creed maker is in lengthy discussions with the firm regarding a deal, but that it's looking for a bargain buy. The publication continues that the company is comfortable waiting until THQ's forced to sell off specific assets, allowing it to pick and choose from the firm's long list of franchises.

We always imagined that Square Enix would be a better fit for many of THQ’s brands – but Ubisoft clearly has its eye on expansion at the moment. Adding a handful of popular properties to its portfolio will certainly accelerate its aims.