Vivendi Closes In On Ubisoft Takeover

Reuters’ sources confirms that the French media conglomerate Vivendi will complete the takeover of Ubisoft before the end of 2017.

Guillemot family and Ubisoft have already been resisting a takeover from Vivendi last year, despite the French media possessing 25 percent of the organization shares.

ubisoft event

“Vivendi is moving to the second phase; everything will take place this year.” While Vivendi would have a limit on how much it’d be willing to spend, “The logical thing would be to buy Ubisoft.”

Vivendi is aggressive on its acquisitions this year with a 60 percent stake of Havas, an advertising company, and now they are targeting Ubisoft, a video game publisher.

The company has been slowly acquiring the game publisher’s shares and they manage to reach 25 percent mark by December. At 30 percent, they could pursue a controlling stake in the company under French law.

logo

Related posts

In-Depth Guide on Genshin Impact’s Watatsumi Island

In-Depth Guide on Genshin Impact’s Watatsumi Island


In-Depth Guide on Genshin Impact’s Watatsumi Island

Watatsumi Island is here, and fans of Genshin Impact are in for hours of fun with a new area to explore. The area is filled with beauty and detail, and there is an adventure for you to enjoy around every corner. But if this is your first time hearing of the island, you’re a bit...

What is Discord Nitro and How Do You Use It?

What is Discord Nitro and How Do You Use It?


What is Discord Nitro and How Do You Use It?

Have you signed up for your Discord Nitro subscription yet? If you haven't noticed, Discord offers multiple subscription options to its platform of over 150 million active users. A lot of people are seeing that their regular Discord has limitations. For gamers everywhere, Discord should ring...

How To Jungle in Mobile Legends Bang Bang

How To Jungle in Mobile Legends Bang Bang


How To Jungle in Mobile Legends Bang Bang

Mobile Legends Bang Bang is one of the leading MOBAs on the scene in 2021, and the game’s popularity is only increasing. People are logging into MLBB in record numbers to play with friends and enjoy fast games. Whether you’re trying to burst enemies down as Lunox or Lancelot, you have a...

Leave a comment