Vivendi Agrees to Sell Its Entire Stake in Ubisoft

Ubisoft Logo

After years of stories about hostile takeovers and the acquisitions of shares, Vivendi has agreed to sell its entire 27.3 per cent stake in Ubisoft.

Recommended Videos

Vivendi has sold their 30,489,300 shares at €66 per share. They bought their shares a total of €750 million and have received €2 billion in return. As for where the shares are going, a press release reads, “The transaction includes an investment by two new long-term investors, the Relationship Investing arm of Ontario Teachers’ Public Equities division,  and Tencent, a share buy-back by Ubisoft, an acquisition of shares by Guillemot Brothers SE and an Accelerated Bookbuilding with institutional investors. Following the implementation of the transaction, Vivendi will no longer hold any shares in Ubisoft, and has committed not to acquire any shares in Ubisoft for 5 years.”

The partnership with Tencent will see the acceleration of efforts in the Chinese market. CEO and Co-Founder of Ubisoft, Yves Guillemot, has said, “The investment from new long-term shareholders in Ubisoft demonstrates their trust in our future value creation potential, and Ubisoft’s share buy-back will be accretive to all shareholders. Finally, the new strategic partnership agreement we signed will enable Ubisoft to accelerate its development in China in the coming years and fully leverage a market with great potential.” For more on the deals and details on Vivendi’s sale, see the full press release.

Once the sale is completed, Vivendi will no longer be involved in Ubisoft.


Twinfinite is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more
related content
Read Article Load From Last Inn Rest Causing Players to Lose Their Autosaves in Dragon’s Dogma 2
Dragon's Dogma 2 medusa gaze turning soldiers to stone
Read Article Players Are Speculating on What the GTA 6 Phone Apps Will Be
GTA 6 Fans Are Already Speculating on What Apps the Phone Will Have
Read Article The Impact Akira Toriyama Had on Gaming Can’t Be Understated
Photo of Akira Toriyama in His Office
Related Content
Read Article Load From Last Inn Rest Causing Players to Lose Their Autosaves in Dragon’s Dogma 2
Dragon's Dogma 2 medusa gaze turning soldiers to stone
Read Article Players Are Speculating on What the GTA 6 Phone Apps Will Be
GTA 6 Fans Are Already Speculating on What Apps the Phone Will Have
Read Article The Impact Akira Toriyama Had on Gaming Can’t Be Understated
Photo of Akira Toriyama in His Office
Author
Tom Hopkins
Having been Editor on multiple sites, Tom has a wealth of video game knowledge and is now Managing Editor at Twinfinite. He's an expert on Call of Duty, sports games, PlayStation exclusives, and blockbuster action games. If he's not playing the new release, he'll be grinding on EA FC 24.