News

Vivendi Is Making Moves on Gameloft After Ubisoft Purchase

Vivendi is on the prowl.

vivendi

Bloomberg Business has reported that Vivendi is making moves on yet another Guillemot-owned business. This time, the former parent company of Activision Blizzard is aimed at Gameloft (Assassin’s Creed: Altair’s Chronicles, Gangstar, Asphalt) by offering purchase additional shares from its investors. Vivendi already has an over 30% stake in the company and are currently pushing for majority.

Recommended Videos

Vivendi is currently offering investors 6 euros per share, but this may have to change since Gameloft’s stock price has since risen.

Back in Oct. 2015, they also purchased majority share in Ubisoft. Yves Guillemot, Ubisoft’s CEO, stated “We’re going to fight to preserve our independence. We should not let this situation – nor any future actions by Vivendi or others- distract us from our goals.”

More News

About the author

Ishmael Romero

Just a wandering character from Brooklyn, NY. Fan of horrible Spider-Man games, anime, and corny jokes.

Comments