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

Nintendo Indie World Showcase | 5.11.2022

Nintendo Indie World Showcase | 5.11.2022


Nintendo Indie World Showcase | 5.11.2022

Check out a selection of indie games from around the world coming to Nintendo Switch in the latest Indie World Showcase! For more information: Indie World Showcase Intro Ooblets Batora: Lost Haven ElecHead Soundfall Wildfrost Totally Accurate Battle Simulator...

Splatoon 2: Octo Expansion DLC added as Nintendo Switch Online + Expansion Pack benefit!

Splatoon 2: Octo Expansion DLC added as Nintendo Switch Online + Expansion Pack benefit!


Splatoon 2: Octo Expansion DLC added as Nintendo Switch Online + Expansion Pack benefit!

Nintendo Switch Online + Expansion Pack members just got a new benefit! Starting today, members can access the Splatoon™ 2: Octo Expansion DLC* at no additional cost. With the Splatoon™ 3 game on the horizon, this single-player DLC is the perfect way to get in some practice before you take...

15 Most Competitive eSports Games of All Time

15 Most Competitive eSports Games of All Time


15 Most Competitive eSports Games of All Time

Competitive eSports is huge, and it continues to grow every year. Now, it’s officially recognized as a sport by many countries around the world. And by 2024, eSports is predicted to generate $1.62 billion in revenue. While the list of eSports games is constantly growing, some titles are still...