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Guillemot family increases Gameloft stake to block Vivendi

Thursday 26 November 2015 | 09:28 CET | News
The Guillemot family has increased its stake in Gameloft to over 15 percent, in an attempt to counter the growing influence of Vivendi at the games publisher. The Guillemots founded Gameloft, as well as Ubisoft, which has also become a target for Vivendi. The Breton family holds 15.24 percent of Gameloft shares, compared to 15.98 percent for Vivendi, but still has a higher voting stake at 23.82 percent, according to Le Figaro. In a statement to the stock market regulator, the family said it plans to continue its share purchases and take the "necessary measures" to avoid control of the company

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Categories: Mobile & Wireless
Companies: Gameloft / Ubisoft / Vivendi
Countries: World
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