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Wireless

Vivendi increases Gameloft stake to 26.69 percent

Tuesday 8 December 2015 | 09:26 CET | News
Vivendi has increased its stake in French mobile games company Gameloft to 26.69 percent. The group reached the legal thresholds of 20 percent and 25 percent on 1 December and 3 December. It now owns 22.7 million Gameloft shares acquired on the market for USD 111.6 million. Vivendi writes in a declaration of intent to French securities regulator AMF that these acquisitions were not specifically conceived as a preparatory step for a Gameloft takeover and that no decision has been made regarding a public tender offer. However it does not exclude taking control of Gameloft if an approach of

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Categories: Mobile & Wireless
Companies: Gameloft / Vivendi
Countries: France
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