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Vivendi increases Gameloft bid to EUR 8.00 a share

2016-05-20 08:31:00| Telecompaper Headlines

(Telecompaper) Vivendi increased its hostile takeover bid for Gameloft by 11 percent to EUR 8.00 from EUR 7.20 a share a week before the offer closes on 27 May. The offer was raised automatically under French rules after Vivendi bought some shares at the higher price on 19 May. Vivendi said it now owns 29.4 percent of Gameloft shares and 26.5 percent of votes. 

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