Vivendi Unloads Its Stake in Ubisoft for $2.4 Billion; China’s Tencent Becomes Shareholder

Read on: Variety

Ending a bitter battle with the Guillemot brothers to take over Ubisoft, Vivendi has unloaded its considerable stake in the Paris-based video game powerhouse for €2 billion ($2.4 billion). Led by chairman Vincent Bolloré, Vivendi had acquired a 27.27% stake in the company behind “Assassin’s Creed” (pictured) for €794 million ($972 million) over the last […]