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.
Comments
Login to to leave a comment Or click here to register
Forgot password?
Password Reset
To reset your pass, please enter your email below and submit. Your new password will then be emailed to you.
You can change this pass at any time on the "edit profile" link when logged in.
Got your password?