Posts Tagged ‘Gameloft’

Vivendi continue to skulk toward an Ubisoft takeover

Vivendi, the French-run media colossus that owns Universal Music Group, has announced that it now owns over 25% of Ubisoft shares. While that doesn’t mean anything in itself, it does suggest that the giant is set on getting the necessary stock to make a takeover bid of the publisher, which it is obliged to do by French law once it owns 30% of the company’s shares. In short, Vivendi are continuing to creep towards Ubisoft with a chloroform cloth. How such a takeover would effect y’all, we don’t know. But Ubisoft say it’s not what they want. Read the rest of this entry »