Vivendi commits to selling remainder of Ubisoft shares

The deed will be done by March 7, 2019.
Text: Mike Holmes
Published 2018-10-01

Earlier this year media conglomerate Vivendi conceded defeat in its attempts to buy up Ubisoft, and agreed to sell its stake in the company. The company confirmed back in March that it planned to sell its 27.3% stake in the publisher, and has once again outlined its commitment to that end, confirming that it will sell the rest of its shares by March 7, 2019. On top of that, Vivendi noted that it remains committed to not purchasing any share in the company again for at least five years.

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