Vivendi to sell all shares back to Ubisoft, will cease acquisition attempts

IMG_7205.PNG

After months of what was thought to be certain acquisition of Ubisoft by Vivendi, it appears the two companies have come to an agreement. Vivendi will be selling back all of its shares, to which Ubisoft will be buying them each one, which is about 27% of Ubisoft's entire stock. In return, the Ontario Teacher's Pension Plan and Tencent will become investors in the company. Ontario Teachers' will buy €250 million worth of shares (3.4% of its capital) while Tencent will be acquiring 5.0% of capital. Each share will be bought at a locked rate of $66/per. These shares are also different than normal, as the contract states that neither company will get any representation on Ubisoft's Board of Directors.

In short, this means Vivendi will make a full exit from attempting to acquire Ubisoft, and are barred from attempting to invest in the company for the next five years. Meanwhile, two new companies will be heavily investing in Ubi, which will mutually benefit all parties, and Ubisoft will utilize this in order to secure a larger market in Asian territories. This also puts the Guillemot brothers back in control as having the most shares and in Ubisoft once more.

The evolution in our shareholding is great news for Ubisoft. It was made possible thanks to the outstanding execution of our strategy and the decisive support of Ubisoft talents, players and shareholders. I would like to warmly thank them all. The investment from new long-term shareholders in Ubisoft demonstrates their trust in our future value creation potential, and Ubisoft’s share buy-back will be accretive to all shareholders. Finally, the new strategic partnership agreement we signed will enable Ubisoft to accelerate its development in China in the coming years and fully leverage a market with great potential.

:arrow: Source: GBAtemp Press Inbox
 
What happened here? Did it anything important?
Tldr: Vivendi won't be making any more hostile takeover attempts, while Ubisoft gets back most of the shares they had, and two companies will be investing into Ubisoft which will allow for their games to make a huge jump in terms of publishing in China.
 
Tldr: Vivendi won't be making any more hostile takeover attempts, while Ubisoft gets back most of the shares they had, and two companies will be investing into Ubisoft which will allow for their games to make a huge jump in terms of publishing in China.
Makes it very clear. Thanks you.
 
Last edited by Issac,
worth to mention that Tencent is the largest IT company in China, and only with their help Ubisoft can finally steps in Chinese's market, which nowadays, every multinational companies want china this piece of FAT'n'NEW cake...
 
Is this the reason why last DLC update cause the AC Origin so unstable? I almost thought it’s back to 1.0 quality.
 
you know, just the up and coming new esport that is at this very moment the 4th most played game on steam.
dont play dumb, its the only FPS right now that isnt a retro throwback or some stupid skinner box military shooter

It is still just a shooter. No need to act like it is something more memorable in that regard.
I see that you like it a lot, which is good for you. That, however, does not necessarily have to apply to anyone else, here, though.
 
Last edited by Axido,
  • Like
Reactions: TotalInsanity4

Site & Scene News

Popular threads in this forum