After the shareholders meeting, Vivendi chief operating officer Stephane Roussel reportedly told Bloomberg that the French conglomerate (which owns a roughly 26 percent stake in Ubisoft) hasn't yet decided whether it will attempt a Ubisoft takeover or simply sell off its stock in the company.
SourceHowever, things may come to a head later this year, as Bloomberg reports that Vivendi will see its stake in Ubisoft increase automatically this November due to a provision for double voting rights (which, in an effort to encourage shareholder loyalty, typically allows shareholders to exercise double voting rights for shares they have registered and held for a certain amount of time.)
That increase will reportedly bring Vivendi very close to owning 30 percent of Ubisoft. French accounting law requires Vivendi to make a takeover bid once it owns more than a 30 percent stake, which is exactly how it wound up (successfully) initiating a mandatory takeover of French game company Gameloft last year.
Stay strong Ubi.