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General

Vivendi buys stakes in Ubisoft, Gameloft

Thursday 15 October 2015 | 08:49 CET | News
Vivendi announced that its acquired stakes in two French video game publishers, Ubisoft and Gameloft. The entertainment and broadcasting group bought 7.36 million Ubisoft shares, a 6.6 percent stake, for EUR 140.3 million and 5.24 million Gameloft shares, a 6.2 percent stake, for EUR 19.7 million. It used available cash for the two transactions. Gameloft reacted with the following statement: "We take note of the unsolicited action on the part of Vivendi. We reiterate our intention to remain independent, an approach that, since our founding 16 years ago, enabled us to become a world leader in

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Categories: General
Companies: Gameloft / Ubisoft / Vivendi
Countries: France
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