Safe for another day.
Vivendi has revealed that it will sell all of its shares in Ubisoft by 5th March 2019, finally putting an end to the power struggle that has been taking place between the two firms over recent years.
Ubisoft has been fending off an "unsolicited and unwelcome" takeover bid from Vivendi for some time now; back in 2015, the mass media conglomerate started to buy large chunks of Ubisoft's shares, forcing the game developer to seek a higher number of Canadian shareholders to "have better control over the capital", and causing numerous concerns for the company's future. The struggle has been ongoing and increasing, with Vivendi reportedly owning a 27.27% stake in Ubisoft by the start of 2018.
Read the full article on nintendolife.com
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