Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
June 26, 2017
arrowPress Releases

If you enjoy reading this site, you might also want to check out these UBM Tech sites:

Vivendi snaps up even more Ubisoft shares
Vivendi snaps up even more Ubisoft shares
April 29, 2016 | By Chris Kerr

French multinational media conglomerate, Vivendi, has made another move on Assassin's Creed creator, Ubisoft. 

According to a report by Reuters, a letter to French stock market regulator, the AMF, shows Vivendi now holds 17.73 percent of Ubisoft's company value, along with a 15.66 percent share of its voting rights. 

Despite its continued advances -- which Ubisoft CEO, Yves Guillemot, last year branded "unsolicited and unwelcome," -- Vivendi says it has no immediate plans to seek control of Ubisoft, or table a public offer for any outstanding shares. 

Vivendi's interest in Ubisoft began late last year, when it purchased a 10.39 percent stake in the developer for 244 million euros. 

At the same time Vivendi also began buying up shares in French mobile studio, Gameloft, eventually snapping up 30 percent of the company's stock to force a mandatory takeover bid

Related Jobs

Bluehole — Seongnam si , Korea, South

Sr. Character Animator
Telltale Games
Telltale Games — San Rafael, California, United States

Associate Cinematic Artist
UBM Tech
UBM Tech — San Francisco, California, United States

General Manager, Game Developers Conference
Disruptor Beam
Disruptor Beam — FRAMINGHAM, Massachusetts, United States

Director, User Acquisition

Loading Comments

loader image