Vivendi to submit takeover for Gameloft, Ubisoft next?
GamesIndustry has an article out about moves from Vivendi, which you may remember recently divested itself of Activision/Blizzard stock. They’ve crossed the 30% shareholder platform, which in France means they have to submit a takeover bid for the remainder of the shares.The deal is by no means done, but they only need to buy about a third of the outstanding stock to have majority control of the company, and the price is very reasonable for sellers. I would guess that it’ll be a done deal in short order. Ubisoft is mentioned in the same prospectus as an advantageous target. Vivendi currently owns just under 15% of Ubisoft stock.