Vivendi still considering sale of majority stock in Activision – report

By Stephany Nunneley
7 September 2012 14:20 GMT

Vivendi is still weighing its options regarding the sale of it’s majority stock in Activision, according to a CVG source close to the matter.

According to the source, the sale of Activision-Blizzard “absolutely remains under consideration,” despite Vivendi finance director Philippe Capron stating otherwise last week.

Capron had said the firm was no longer considering a “straight break-up” between its media and telecoms operations, stating that the firm “does not have to sell anything or do anything immediately,” in order to pay off €14 billion in debt and bring share values back up.

Selling it’s majority stake in Activision-Blizzard would provide Vivendi with €8 billion to pay towards its debts.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. Read our policy.

VG247 logo

Buy our t-shirts, yeah

They're far more stylish than your average video game website tat.

VG247 merch