Ubisoft's Guillemot brothers close to buying further 3.5% stake to counter Vivendi – report
The Guillemot brothers, the founding family of French videogames publisher Ubisoft [EPA:UBI], are understood to be close to acquiring an additional 3.5% shareholding in the company, French daily Le Figaro reported.
The unsourced report said the Guillemots, who already own 9.2% of Ubisoft and control the board of the company, are seeking to prevent attempts of a creeping takeover by French media group Vivendi [EPA:VIV], which already owns 22.72% of Ubisoft and is asking to have representatives seating at the board of the group.
The original article appeared in print; Page 24
Source Le Figaro