A Vivendi takeover of Gameloft is looking very likely, as Vivendi has reportedly gained the backing of a majority of Gameloft shareholders.
Bloomberg has reported that Vivendi has offered shareholders €8 ($9) per share – 33% more than Vivendi paid when it increased its stake in Gameloft to 30% in February 2016.
The report also claims that Vivendi had gained the backing of Amber Capital, which has a 14.6% stake in Gameloft.
Failure to comply
Should Vivendi acquire Gameloft, it would give the company momentum to also acquire Ubisoft, a far bigger target than the troubled mobile developer.
However, Bloomberg also reported that the takeover could be invalidated on compliance issues, if a court ruling in September 2016 rules as such.