Vivendi’s acquisition of Ubisoft isn’t slowing down, if recent actions taken by the French multimedia giant are to believed. The company announced today that they’ve bought up more stock in Ubisoft, despite the publisher’s clear desire to remain independent.
In a press release from Vivendi, the company announced that they now own more than 24 percent of Ubisoft’s shares. As GameSpot reports, they own 24.059 of share capital, and 21.296 percent of voting rights. Despite their current actions, Vivendi has claimed in the past that they aren’t planning a hostile takeover. No further comment has been supplied.
To deflect a possible takeover, Ubisoft appointed two new board members during a shareholder meeting in September. The hopes were that more independent directors would limit Vivendi’s ability to exert control over the publisher. The meeting wasn’t without its troubles though, with Vivendi abstaining from voting on resolutions. Ubisoft described this as creating “systematic obstruction, impeding the proper functioning of the company.”
Ubisoft posted positive earnings for the six-month period ending September 30, with games like The Division, Rainbow Six: Siege, and The Crew having more than 10 million registered players. Sales numbers were not released.