Deals
Ubisoft Said to Seek White Knight to Fend Off Vivendi
- Guillemot family, expecting fight for control, seeks backing
- Ubisoft said to look for financial or strategic partner
This article is for subscribers only.
Ubisoft Entertainment is working with financial advisers to find a white knight that will help it fend off the unwanted embrace of media conglomerate Vivendi SA and its chairman, Vincent Bollore, according to people familiar with the matter.
Ubisoft, the creator of video games such as Assassin’s Creed, is seeking to identify friendly investors, and will consider private-equity funds or teaming up with a strategic partner already in games, said the people, who asked not to be identified because the plan is private. The founding Guillemot family is also surveying existing shareholders as they seek backing for their resistance campaign, the people said.