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.
This article may contain affiliate links, meaning we could earn a small commission if you click-through and make a purchase. Stevivor is an independent outlet and our journalism is in no way influenced by any advertiser or commercial initiative.
