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1448850cookie-checkVivendi Seeking Hostile Takeover Of Ubisoft Later In 2017, Says Report
Industry News
2017/04

Vivendi Seeking Hostile Takeover Of Ubisoft Later In 2017, Says Report

A new “report” has been published noting that the company over a lot of well known titles that also has quite a bit of problems too, Ubisoft, is purported to undergo a state of acquisition by French multinational mass media conglomerate, Vivendi, later in 2017.

Notice: Please take this story with a grain of salt given that the publication site that originally published the piece regarding Vivendi looking to pursue Ubisoft through an acquisition provides no legitimate link(s), and refers to the information on hand pertaining to the situation as “two sources close to the matter”. In other words, this story may or may not be true by the publication site known as Reuters.

Recently, publication site Reuters published an article noting that Vivendi is back at it again in their pursuit of Ubisoft through a takeover sometime later this year (end of 2017). The introductory paragraph reads:

“French media giant Vivendi will accelerate acquisitions in video games and advertising this year to allay investor concerns about its strategy, mixed results and poor share performance, two sources close to the matter told Reuters.”

The publication site followed the above up by saying that…

“Advertising group Havas and video games maker Ubisoft are expected to be the first targets as Vivendi moves into the next phase of its expansion, the sources said.”

Last year, the media company known as Vivendi was supposedly noted to be prepping to get back into the video game market by performing a “hostile takeover” on Ubisoft. However, no acquisition was made and now it seems that Reuters mysterious “sources” are acting up claiming to the publication site (or it could just be making stuff up) that Vivendi is back at it again, except looking to acquire Havas too.

The company previously had a significant shareholder stake in Activision Blizzard before selling a large sum of it off back in 2013, but as of recent the company will “reportedly” accelerate its takeover plans of Ubisoft. This move is reported to be apart of the company’s transformation into becoming a global powerhouse despite shares falling by three percent. They currently have a 25% stake in Ubisoft.

It seems that the report by said publication has spawned mixed reactions from fans of Ubisoft and gamers alike, leading some to say that this so-called acquisition will be a good thing while others are saying that it will only make matters worse.

As of now, only time will tell whether or not this takeover will go through, and if it does will it be for better or for worse?

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