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Ubisoft buys another 3.2% to prep for battle against Vivendi’s hostile takeover

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Ubisoft has signed a deal to buy another 3.2 percent of its own stock from a French investment bank for $137.5 million as the video game publisher prepares to ward off a hostile takeover from Vivendi.

Ubisoft has been in the middle of a takeover battle with Vivendi, a French media conglomerate that has accumulated 20 percent of the game maker’s stock. Ubisoft has an annual meeting coming up on September 29 where the two companies will tussle over board seats.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.