Guillemot Family Raises Stakes in Ubisoft to Resist Vivendi Takeover

Guillemot Family Raises Stakes in Ubisoft to Resist Vivendi Takeover

The Guillemot family has increased its stake in Ubisoft, in an effort to rebuff a takeover from French mass media company Vivendi.

According to a stock market filing (via Reuters, and Gamasutra), the Guillemot family now holds 13.6 percent of Ubisoft’s share capital. This is in addition to 20.02 percent of the company’s voting rights.

Ubisoft – which was formed by the five Guillemot brothers in 1986, and is better known for the Assassin's Creed franchise – is currently led by co-founder Yves Guillemot. Vivendi started taking an interest in the developer and publisher in 2015. In 2016 they aggressively expanded their stake; they currently hold over 25 percent, with 22.92 percent of its voting rights.

Vivendi has said in the past that they don’t want to take over Ubisoft, and instead hope to build a “fruitful” cooperative relationship. Previously, the conglomerate purchased a stake in Gameloft – a mobile studio also founded by the Guillemots. This then escalated to a hostile takeover.

Ubisoft has actively resisted Vivendi's efforts. The company launched a campaign to bolster support from fans, investors, and shareholders last year. They have also stated that their independence has given them a creative freedom they wouldn’t normally have.

We’ll keep you updated as this story develops.



 

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Comments Comments (11)

 
Posted by AdamC
On Wednesday 28 Jun 2017 3:11 PM
-1
#TeamVivendi
 
 
 
Posted by Paorio
On Wednesday 28 Jun 2017 3:14 PM
2
I wish I understood any of this
 
 
 
Posted by Tin-Automaton
On Wednesday 28 Jun 2017 3:33 PM
4
28 June 2017, 03:14 PM Reply to Paorio
I wish I understood any of this
Yeah, it's a bit of a business nightmare.

Basically, Vivendi have a history of being very mercenary with their acquisitions. A hostile takeover could also disrupt Ubisoft's current operations, and destabilise the company.

Vivendi has also shown that they don't really have an understanding of the video game market, or understanding of long-term scope; they sold of theirf shares in Activision-Blizzard in 2014, not long before Overwatch would release.

Once Vivendi owns 30-percent of Ubi's shares, they legally have to make a bid on the company -- which is what they want to do.
 
 
 
Posted by Paorio
On Wednesday 28 Jun 2017 3:48 PM
1
28 June 2017, 03:33 PM Reply to Tin-Automaton
Yeah, it's a bit of a business nightmare.

Basically, Vivendi have a history of being very mercenary with their acquisitions. A hostile takeover could also disrupt Ubisoft's current operations, and destabilise the company.

Vivendi has also shown that they don't really have an understanding of the video game market, or understanding of long-term scope; they sold of theirf shares in Activision-Blizzard in 2014, not long before Overwatch would release.

Once Vivendi owns 30-percent of Ubi's shares, they legally have to make a bid on the company -- which is what they want to do.
Thank you! That made this a whole of a lot more understandable.
 
 
 
Posted by ironfist92
On Wednesday 28 Jun 2017 5:29 PM
1
God I hope Ubisoft doesnt get taken over. We only just got Beyond Good and Evil 2 back again!
 
 
 
Posted by ThatUndeadLegacy
On Wednesday 28 Jun 2017 5:52 PM
-2
You can't resist Vivendi's awesome power!!!!!
 
 
 
Posted by ThatUndeadLegacy
On Wednesday 28 Jun 2017 5:53 PM
-3
28 June 2017, 05:29 PM Reply to ironfist92
God I hope Ubisoft doesnt get taken over. We only just got Beyond Good and Evil 2 back again!
Idk, if vivendi takes over, they might make better games.
 
 
 
Posted by Ryzlin
On Wednesday 28 Jun 2017 6:16 PM
4
28 June 2017, 05:53 PM Reply to ThatUndeadLegacy
Idk, if vivendi takes over, they might make better games.
I don't know. I mean, I'm not a fan of Ubisoft by any means, in fact I tend to stay away from Ubisoft games in general because they have a bad history of only entertaining me for a quarter of the game. But that's still better than a company run by people who don't understand the gaming market at all.
 
 
 
Posted by Ryzlin
On Wednesday 28 Jun 2017 6:17 PM
4
28 June 2017, 03:33 PM Reply to Tin-Automaton
Yeah, it's a bit of a business nightmare.

Basically, Vivendi have a history of being very mercenary with their acquisitions. A hostile takeover could also disrupt Ubisoft's current operations, and destabilise the company.

Vivendi has also shown that they don't really have an understanding of the video game market, or understanding of long-term scope; they sold of theirf shares in Activision-Blizzard in 2014, not long before Overwatch would release.

Once Vivendi owns 30-percent of Ubi's shares, they legally have to make a bid on the company -- which is what they want to do.
Look at you, being helpful and stuff! :P
 
 
 
Posted by CoffeeAddict
On Wednesday 28 Jun 2017 6:17 PM
1
So are vivendi the ongoing owners of activision and blizzard? I'm confused.
 
 
 
Posted by Paorio
On Wednesday 28 Jun 2017 6:59 PM
2
28 June 2017, 06:17 PM Reply to CoffeeAddict
So are vivendi the ongoing owners of activision and blizzard? I'm confused.
From what Tin said, I think they sold their share of the company at a stupid time