While still denying a takeover attempt, Vivendi has increased its stock holdings in Ubisoft by 18% which gives the company a nearly 18% ownership stake in the gaming studio and 16% of the voting rights. Ubisoft has been actively seeking other investors to stop a takeover by Vivendi which only needs to gain an additional 12% of the available stocks to force takeover negotiations.
Source: GamesIndustry.biz
