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in NewsVivendi Inches Closer Towards Takeover of Ubisoft
After nearly fully acquiring mobile developer Gameloft, Vivendi has continued to move on Ubisoft. Today, Vivendi has upped its shares in Ubisoft to 20.1%. Once they hit 30%, French law says that they "must table a mandatory takeover bid." Vivendi claims that they don't plan to takeover Ubisoft. However, they continue to purchase shares in Ubisoft, inching ever closer to that 30% stake. If or when that takeover happens, it seems as though Vivendi will combine Gameloft and Ubisoft under one banner.... -
Vivendi Inches Closer Towards Takeover of Ubisoft
After nearly fully acquiring mobile developer Gameloft, Vivendi has continued to move on Ubisoft. Today, Vivendi has upped its shares in Ubisoft... -
Vivendi Increases Stake in Ubisoft and Gameloft to Over 10%
Today, Vivendi upped their stakes in both Ubisoft and Gameloft to over 10%. This comes roughly one week after their initial purchase of Ubisoft stock gave them 6.6% total ownership in the studio.
Vivendi increased its equity stake in Ubisoft and Gameloft, two French companies with internationally-recognized know-how in video games, to respectively 10.39% and 10.20%. On October 20, 2015, Vivendi held 11.60 million Ubisoft shares and 8.68 million Gameloft shares. These shares were... -
Vivendi Increases Stake in Ubisoft and Gameloft to Over 10%
Today, Vivendi upped their stakes in both Ubisoft and Gameloft to over 10%. This comes roughly one week after their initial purchase of Ubisoft...