Vivendi increases stakes in Ubisoft, fueling fears of a takeover

21 Jun 2016

Steve Wright

Bloomberg today reports that Vivendi has upped its stake in Ubisoft, just days after E3 2016.

Vivendi, who is also in the process of a takeover of mobile publisher Gameloft, has increased its ownership of Ubisoft from 18% to 20.1%. Vivendi has also asked for seats on Ubisoft’s board.

The Guillemot family owns both Gameloft and Ubisoft, though they’ve seemingly retreated from Gameloft in an attempt to protect Ubisoft itself.

Vivendi has said its aims for “a fruitful cooperation” with Ubisoft and according to Bloomberg isn’t considering a public tender offer, nor acquiring control of the publisher for the next six months.

We’ll keep you informed.

TagsUbisoft Vivendi

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Steve Wright

Steve's the owner and Editor-in-Chief of Stevivor.com, the country’s leading independent video games outlet. Steve arrived in Australia back in 2001 on what was meant to be a three-month working holiday before deciding to emigrate and, eventually, becoming a citizen.

Stevivor is a combination of ‘Steve’ and ‘Survivor’, which made more sense back in 2001 when Jeff Probst was up in Queensland. The site started as Steve’s travel blog before transitioning over into video games.

Aside from video games, Steve has interests in hockey and Star Trek, playing the former and helping to cover video games about the latter on TrekMovie.com. By day, Steve works as the communications manager of the peak body representing Victorians as they age.