Ubisoft founders Guillemot, buy 2 million shares to counter Vivendi
As Bloomberg wrote earlier, the European titan Vivendi is planning to “Target Hostile Bid for Ubisoft” by the end of this year. As a counter measure, Guillemot has acquired a bit over 2 million shares for an undisclosed price. The purchased shares represent 1.75% of the company’s share capital. The current market price per share is close to 60 euros so this transaction is estimated to be worth somewhere around 120 million euros.
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