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Tag: gameloft
Guillemot family sells 'bulk' of Gameloft shares to Vivendi
2016-06-08 11:43:00| Telecompaper Headlines
(Telecompaper) The Guillemot family, which founded mobile-gaming group Gameloft, said it has decided to sell the bulk of its shares in Gameloft "with regret" to Vivendi, which last week controlled about 56 percent of Gameloft's voting rights, French media reported. Vivendi made an unsolicited takeover approach for the games editor earlier this year.
Tags: family
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Vivendi owns over 60% of Gameloft, wants more
2016-06-01 09:10:00| Telecompaper Headlines
(Telecompaper) Vivendi announced that it has acquired 28.16 million Gameolft shares tendered in its offer of 18 February, giving it 61.71 percent of Gameloft's share capital and 55.61 percent of voting rights. Pursuant to current rules, the public tender offer will be reopened on identical terms, EUR 8 a share, for a subsequent offering period of at least ten stock market days.
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.
Vivendi raises Gameloft offer to EUR 7.20 a share
2016-03-01 08:50:00| Telecompaper Headlines
(Telecompaper) Vivendi has raised the price of its proposed public tender offer for Gameloft shares to EUR 7.20 per share. On 18 February, the group had announced its intent to launch an offer for Gameloft shares at EUR 6 per share. Vivendi currently holds 30 percent of Gameloft. In a related move, Vivendi announced that it now holds 15.66 percent of the share capital of Gameloft's sister company Ubisoft.
Gameloft says Vivendi bid too low
2016-02-29 17:22:00| Telecompaper Headlines
(Telecompaper) Gameloft's board has declared that Vivendi's public offer of EUR 6 per share for the 70 percent of the mobile games developer is against its interests and those of its shareholders, employees and customers. It said that in light of its intrinsic value and prospects, the offer was financially insufficient.
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