Just Half a Billion in Shares Left Unsold
Where there was once a crisis in the works for Ubisoft, it seems like the end is finally in sight. Vivendi has announced that there’s scarcely 6.7 percent of their shares left to sell, marking the end of their attempted hostile takeover.
Furthermore, it seems like Vivendi will not try any of this share-buying nonsense for another five years. Once these last two sales go down, valued at around half a billion dollars, Ubisoft’s agency will be assured. At least, Vivendi will no longer be trying to acquire the company. While both companies saw an uptick in their stock prices following the initial acquisition, there was still a lot of worry over Ubisoft’s future as a company.
Now, these fears can be put on the backburner. There’s no guarantee that Vivendi (or some other terrifying corporate behemoth) won’t try this again in a few years, but at the moment Ubisoft is in the clear. Perhaps if the next couple of years are strong enough, they can avoid these kind of threats for good.