Guillemot increased its stake in Ubisoft
As part of the ongoing conflict with Vivendi, the Guillemot family has increased its stake in Ubisoft.
According to Reuters, the founders of Ubisoft now have 13.6% of the company’s share capital and 20.02% of the votes.
Vivendi, which carried out an unfriendly takeover of another Guillemot company, Gameloft, last year, is also increasing its stake in Ubisoft. It has 27% of the share capital and 24.5% of the votes of the French developer.
Vivendi media conglomerate acquired the first Ubisoft shares in 2015. The increase in the share in 2016 and the Gameloft story forced Guillemot to attract Canadian investors to resist the purchase of Vivendi.
Ubisoft was founded in 1986 by five Guillemot brothers. Today, the studio is known for such series as Assassin’s Creed, Far Cry and Watch Dogs. Since the beginning of 2017, the company’s shares have grown by 50%.
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