Forgot password
Enter the email address you used when you joined and we'll send you instructions to reset your password.
If you used Apple or Google to create your account, this process will create a password for your existing account.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Reset password instructions sent. If you have an account with us, you will receive an email within a few minutes.
Something went wrong. Try again or contact support if the problem persists.
vivendi
Category:
News

Vivendi Is Making Moves on Gameloft After Ubisoft Purchase

Vivendi is on the prowl.
Image of Ishmael Romero
Ishmael Romero
|

Published: Feb 19, 2016 03:57 pm

This article is over 8 years old and may contain outdated information

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

Twinfinite is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more about our Affiliate Policy
related content
Author
Image of Ishmael Romero
Ishmael Romero
Just a wandering character from Brooklyn, NY. A fan of horrible Spider-Man games, anime, and corny jokes.