|
The
Guillemot family said on Tuesday it will reluctantly sell its
Gameloft stake to Vivendi, following an unsolicited bid from the
media giant.
Asked whether the family would use the proceeds to strengthen
its position in Ubisoft, Yves Guillemot said: "This is something
that we're discussing with my brothers."
Vivendi is Ubisoft's biggest shareholder, controlling 18 percent
of its capital, while the Guillemots own about 9 percent of the
shares, according to Reuters data.
Vivendi, led by billionaire Vincent Bollore, said it was seeking
a suitable level of board representation at Ubisoft, owner of
the "Raving Rabbids" and "Assassin's Creed" franchises.
"We don't want them sitting on the board, because they're
implementing a creeping control strategy to take over the
company," Yves Guillemot told Le Monde.
A spokesperson for Vivendi declined comment on Guillemot's
comments.
(Reporting by Mathieu Rosemain and Gwenaelle Barzic; Editing by
Paul Taylor and David Evans)
[© 2016 Thomson Reuters. All rights
reserved.] Copyright 2016 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
 |
|
