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Vivendi increases Ubisoft stake to over 25%

Thursday 8 December 2016 | 09:10 CET | News

Vivendi said that it now holds 25.15 percent of Ubisoft’s equity and 22.92 percent of voting rights. The announcement -- the latest in a series of moves to boost the stake in the games developer -- confirmed Vivendi’s intention to continue to buy shares in Ubisoft based on market conditions.

Vivendi also said that it seeks a recomposition of Ubisoft’s board of directors, in order to secure appropriate representation, while reiterating that it seeks a "fruitful collaboration" with Ubisoft and that it is not considering gaining overall control of the company. 



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