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.

Related posts

Players Left With Uncertain Future After Blizzard Canceled Hots eSports For 2019

Players Left With Uncertain Future After Blizzard Canceled Hots eSports For 2019


Players Left With Uncertain Future After Blizzard Canceled Hots eSports For 2019

Blizzard has decided to shift their developers away from Heroes of the Storm and canceling Heroes Global Championship and Heroes of the Dorm eSports, the company announced on their official news site. Their motive for such a drastic move was to position the game for long-term...

The Crew 2 Is Free-To-Play This December 13

The Crew 2 Is Free-To-Play This December 13


The Crew 2 Is Free-To-Play This December 13

Ubisoft's The Crew 2 is available for free this weekend on PlayStation 4, Xbox One, and PC. Players can download and play the full version of the game this coming December 13-17, 2019. For those who wish to buy the complete game, all of the game's progress from the free trial will be...

Geralt of Rivia Is Crossing Over To Monster Hunter: World In 2019

Geralt of Rivia Is Crossing Over To Monster Hunter: World In 2019


Geralt of Rivia Is Crossing Over To Monster Hunter: World In 2019

Capcom is collaborating with CD Projekt RED to bring Geralt of Rivia from The Witcher 3: Wild Hunt to Monster Hunter: World early next year. There will be series of Witcher-inspired quests and players can expect a unique gameplay experience blending RPG mechanics of The Witcher 3: Wild...

Leave a comment