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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| UBISoft Entertainment | EU:UBI | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.24 | -1.08% | 21.97 | 21.80 | 22.50 | 22.57 | 21.90 | 22.31 | 260,599 | 16:40:00 |
From May 2019 to May 2024
14:50 ET - Ubisoft Entertainment (UBI.FR), facing a hostile takeover threat from media conglomerate Vivendi (VIV.FR), says France's Banque Publique d'Investissement has agreed to sell 3.63M of the videogame company's shares back to it. Sold at EUR33.80 ($37.98) a share, the deal amounts to EUR122.5M ($135.7M) and will close in early November, Ubisoft says. The purchase comes days before the maker of the "Assassin's Creed" series of videogames is set to hold a shareholder meeting that could dramatically change its trajectory. Vivendi, which has built up a stake of 23% in Ubisoft, is seeking board representation and could choose to put the matter to a vote. (sarah.needleman@wsj.com; @saraheneedleman)
(END) Dow Jones Newswires
September 23, 2016 15:05 ET (19:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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