vivendi

Vivendi says it has sold the remainder of its shares in Ubisoft. This amount represented a 5.9% stake in Ubisoft. Reuters reported that Vivendi made a capital gain of $249 million. Vivendi was determined to takeover Ubisoft, but Ubisoft was able to fight them off. "Vivendi is no longer a...

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...

Vivendi has moved closer to a hostile takeover of video game developer and publisher Ubisoft. Vivendi has a 25% ownership stake in the French corporation, but still hasn't secured a board seat. According to French law, when Vivendi owns 30% of Ubisoft's shares, they will be required to make an...