We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Name | Symbol | Market | Type |
|---|---|---|---|
| Vivendi SE (PK) | USOTC:VIVHY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.01 | 0.09% | 11.39 | 11.36 | 11.38 | 11.39 | 11.39 | 11.39 | 102 | 14:32:41 |
From Oct 2019 to Oct 2024
PARIS--The board of Gameloft SE on Monday ramped up its resistance to a tender offer from French media conglomerate Vivendi, saying a takeover is against the interests of the videogame maker.
Gameloft's board said in a statement that it "unanimously observed that the tender offer initiated by Vivendi is against the interests of Gameloft, its shareholders, its employees and its customers."
Vivendi has made a tender offer for the shares of Gameloft at 6 euros a share ($6.67), valuing the company at EUR513 million. Gameloft has been trying to fend off Vivendi's advances since it started building up its more than 30% stake in the videogame company late last year.
Gameloft said the financial terms of the offer "do not reflect Gameloft's intrinsic value."
"The Board of Directors will meet at a later stage, and will subsequently issue a detailed and substantiated recommendation on the terms of the tender offer, in compliance with relevant regulation," Gameloft said.
Write to William Horobin at william.horobin@wsj.com
(END) Dow Jones Newswires
February 29, 2016 03:43 ET (08:43 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year Vivendi (PK) Chart |
1 Month Vivendi (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
