Vivendi Closing In On Ubisoft Now has a 24.1% Stake in The Company


Vivendi have spent the last few months trying to have greater control in Ubisoft , with the Ubisoft supremos very publicly declaring it an unwelcome move. In September CEO Yves Guillemot had this to say to The Wall Street Journal: “We won’t relax until they sell their shares…The creeping control strategy implemented by Vivendi is dangerous. We think that there’s a great risk of shareholders losing value.”

However it seems like Vivendi has gone on and strengthened its position, and there seems to be no signs that the will relinquish their aggressive strategy anytime soon. According to Niko partners analyst Daniel Ahmad Vivendi now has 24.1% of Ubisoft stocks, which gives them 21.3% of voting rights moving forward.

This is by all means an aggressive takeover and it seems like the big guns at Ubisoft will be stuck playing defense for a while at least. However it seems like a Vivendi takeover is more or less imminent.

It remains to be seen what the future holds for Ubisoft for now though things are not looking that well for them, what do you make of these recent developments?  let us know by commenting  in the comments section below.