Vivendi Sells Its Activision Stake, Netting $1.1 Billion

Updated on
  • Gamemaker's stock price almost doubled in the past year
  • Chairman Bollore has recently focused on Europe investments

Vivendi SA sold its remaining 5.7 percent stake in Activision Blizzard Inc., resulting in net proceeds of $1.1 billion, after shares of the U.S. maker of video games almost doubled in the past year.

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