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Vivendi Sells Off Last of Ubisoft Shares

RabidRebel
in Gaming

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Ubisoft is finally free of Vivendi after a failed takeover attempt back in 2015. In the agreement at the time, Vivendi agreed to sell off their 27% stake in the company after they failed to get on the board of directors. This final selloff starts the 5 years Vivendi agreed not to own stock in Ubisoft. In its place, Ubisoft got Tencent and the Ontario's teacher pension fund as major investors.

 

 

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