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.
Dragon Quest 11 has finally been confirmed for release in the west.
Forza Horizon 3 players can soon get their hands on a rather famous Final Fantasy car.
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Vivendi will move forward with a full takeover of Ubisoft this year, according to a new report.
Now that Vivendi has successfully bought Gameloft, the mega conglomerate is now ready to make a move on the other big French publisher.