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After taking over Gameloft, French media conglomerate Vivendi was determined to take over Ubisoft, whether Ubisoft wanted it nor not. After fighting tooth and nail for some time, Ubisoft forced Vivendi to back down in March of this year, announcing their intention to sell any remaining Ubisoft stock. Today, Vivendi reaffirmed their commitment, and announced that all remaining shares of Ubisoft would be sold off by March 2019.
The remaining shares are worth around 500 million Euros, based on a price of 66 Euros per share. Around 0.9 per cent of the remaining interest in Ubisoft will be sold on October 1, 2018, with the remainder due to be sold on March 5, 2019. These transactions represent the very end of what once represented a crisis for Ubisoft.
The remaining shares are worth around 500 million Euros, based on a price of 66 Euros per share. Around 0.9 per cent of the remaining interest in Ubisoft will be sold on October 1, 2018, with the remainder due to be sold on March 5, 2019. These transactions represent the very end of what once represented a crisis for Ubisoft.