Before I get started on my long-winded tangent down below, let me go over the basic events that inspired it. Vivendi is currently trying to decide if a Ubisoft takeover is even worth it. I’ve always assumed, like most sane individuals, that it was only a matter of time before it swallowed Ubisoft up whole, but, apparently, there’s still a glimmer of hope left for the French publisher to get out of this without too much more of a fight. Vivendi is, reportedly, in the process of figuring out whether it should buy in or sell out of its shares in the company. I sincerely hope that it takes the latter approach.
Currently, Vivendi has already obtained a 26% stake in the company. According to Bloomberg, its voting rights will double soon, and it’ll have an opportunity to reach upwards of 30% ownership. At that point, French law dictates that the big V would be forced to make an official bid for a takeover. It’s already been shot down once by Ubisoft management recently when seeking a board seat, so it seems the publisher is ready to fight this to the end.
This isn’t Vivendi’s first rodeo either. After owning a controlling stake in Activision Blizzard, it eventually sold its shares for a combined total of approximately $9.3 billion. That’s also around the same time that it started knocking at Ubisoft’s front door.