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Rumor - Vivendi expected to sell Activision stock for $8.1 billion

Bloomberg has issued a report which states Vivendi plans to sell its 61% majority stake in Activision Blizzard, which is worth around $8.1 billion. Vivendi will sell a partial stake on the open market, said a source close to the matter, should a buyer not be found. The Paris-based chairman of the firm, Jean-Rene Fourtou, is facing ever increasing pressure from investors to restructure Vivendi in order to boost its stock prices - which are at a nine-year low. A spokesperson for Vivendi was unavailable for comment, and Activision declined comment. Speculation regarding the sale has reached a fevered pitch over the last 24 hours, and the Forbes report is just the latest in the string.

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Stephany Nunneley-Jackson

News Editor

Stephany is VG247’s News Editor, with 22 years experience (with 15 of them at VG247). With a brain that lacks adhesive ducks, the ill-tempered, chaotic neutral fembot does her best to bring you the most interesting gaming news. She is also unofficially the site’s Lord of the Rings/Elder Scrolls Editor.

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