Company: Vivendi Universal
In the past year, Vivendi has been stalking Ubisoft like a big game hunter taking aim at an elephant from the tall grass. The conglomerate had been buying Ubisoft stock, highlighted by aof 6.6% of the publisher's stock for €140.3M. This has led to CEO Yves Guillemot having to proclaim Ubisoft would not be taken over.
However, Vivendi has reportedly dumped the last of its share of Activision-Blizzard stocks, amounting to a sale of 5.7% stake for a cool €1B.
Ubisoft isthat the publisher will maintain control in the face of Vivendi buying 6.6% of company stock, but Vivendi has bigger plans.
Recently, Vivendi purchased 6.6% of Ubisoft's stock for €140.3M, which has raised concerns the French publisher has designs on gaining control of the company. Ubisoft CEO Yves Guillemot insists that Ubisoft will retain independence in the face of the purchase.