Vivendi Is Accelerating Its Acquisition Of Ubisoft

Reuters is reporting that Vivendi, a company that is huge in French’s media industry, is planning to accelerate its acquisitions of video games and advertising in 2017. The reason being is to “allay investor concerns about its strategy, mixed results and poor share performance“. According to the folks that told Reuters, the first companies that will be targeted in this initiative are Ubisoft and an advertising group called Havas. This may not be easy in Ubisoft’s case. Vivendi already owns 25% of Ubisoft, but the rest is owned by the family that founded it, the Guillemots. They could resist the acquisition and it could “potentially lead to a costly, unsolicited full takeover bid”.

Source

Thanks, MasterPikachu6

Filed under: Nintendo Tagged: Nintendo, ubisoft, vivendi

Advertisements

Author: codymkw

Hey I am Cody I'm a huge fan of Nintendo love all their games favorite is Animal Crossing I'm the leader and founder of SGS & creator of Dark Miiverse umm so theres not really much else I can say about myself! ♥

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s