Vivendi Now Owns A Fourth of Ubisoft

Edging ever closer to that hostile takeover line...

Posted By | On 08th, Dec. 2016

ubisoft logo

It looks like Ubisoft is in some deep trouble- as of right now, Vivendi own 25.15% of Ubisoft, and 22.92 percent of its voting rights. With regards to the continuing gradual takeover of Ubisoft, going forward, Vivendi said that they are “considering continuing to acquire shares,” but that, “[they are] not considering the launch of a public tender on Ubisoft nor acquiring the control of the company.” They also added that they “continue to seek a recomposition of the Ubisoft Board of Directors in order to, among other things, obtain Board representation consistent with its shareholder position.”

Ubisoft, however, responded with a statement of their own. CEO Yves Guillemot vociferously argued that Vivendi does not deserve representation on Ubisoft’s board. “As you’re well aware, Vivendi claims that their stake in Ubisoft deserves board representation. We have always strongly opposed that claim, on the basis that the many conflicts of interest and their creeping control approach would be negative for our company, our employees and our shareholders,” he said.

This is a mess, and I really hope that this saga resolves itself soon, and in Ubisoft’s favor- for all of their other faults and excesses, they remain one of the most creative AAA publishers in the industry, and I would hate to see them go.


Tagged With: ,

Amazing Articles You Might Want To Check Out!



Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Pathfinder: Abomination Vaults Kickstarter Campaign is Now Live

Pathfinder: Abomination Vaults Kickstarter Campaign is Now Live

The Kickstarter campaign to fund development of action RPG Pathfinder: Abomination Vaults is now live.

Diablo 4 Early Access on PS5 Giving Some Players “Invalid Licence” Error

Diablo 4 Early Access on PS5 Giving Some Players “Invalid Licence” Error

Some PS5 players trying to play Diablo 4's early access seem to be getting hit with an "invalid licence" error...

Nintendo Switch is Getting New Pastel-Coloured Joy-Cons

Nintendo Switch is Getting New Pastel-Coloured Joy-Cons

Check out the new pastel-coloured Joy-Cons for the Nintendo Switch. The new Joy-Cons are slated for a June 30 ...

Super Mega Baseball 4 is Out Now on PC, PlayStation, Xbox and Nintendo Switch

Super Mega Baseball 4 is Out Now on PC, PlayStation, Xbox and Nintendo Switch

Baseball game Super Mega Baseball 4 is out now on PC, as well as just about every console out there right now.

The Legend of Zelda: Tears of the Kingdom Guide – All Depths Chasm and Lightroot Locations

The Legend of Zelda: Tears of the Kingdom Guide – All Depths Chasm and Lightroot Locations

A complete guide on all Lightroot locations in The Legend of Zelda: Tears of the Kingdom.

The Legend of Zelda: Tears of the Kingdom – All Skyview Tower Locations and Solutions

The Legend of Zelda: Tears of the Kingdom – All Skyview Tower Locations and Solutions

A complete guide on Skyview Towers in The Legend of Zelda: Tears of the Kingdom.