Ubisoft's hostile takeover is over - Vivendi sell all their stock, Tencent buy 5%

After years of the looming threat of a Vivendi takeover, Ubisoft have negotiated a deal to end the media conglomerate’s stake in the game publisher. Vivendi will sell all 30,489,300 they own in Ubisoft, at €66 per share for a total of over €2 billion. Part of the stock will return to Ubisoft, part will go to new investors, and a portion will be going to Ubisoft’s founding family, the Guillemot brothers.

These are the best games on PC.

“Today, Ubisoft is fully reaping the benefits of our long-term strategy and the successful transformation towards a more recurring and profitable business,” says CEO Yves Guillemot. “Ubisoft is perfectly positioned to capture the numerous video game growth drivers in the coming years. We are focused more than ever on delivering on our strategic plan.”

from
https://www.pcgamesn.com/ubisoft-hostile-takeover