Ubisoft fights off takeover by entertainment giant Vivendi

The Assassin’s Creed developer successfully convinced Vivendi to sell all of its 30.5 million stocks — that’s 27.3 percent of Ubisoft’s share capital — and to agree not to acquire any within the next five years. Tencent has agreed to purchase 5.6 million shares at US$81 each, while the Ontario Teachers’ Pension Plan has committed …

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