Ubisoft has countered Vivendi’s attempted hostile takeover with a flawless boardroom victory that will see it buy back a whopping 30,489,300 shares. The move will see Tencent invest in the French publisher, as it attempts to leverage the firm’s intellectual property in its native China. More importantly, Vivendi will be blocked from purchasing Ubisoft shares for at least five years, at which point we’ll presumably repeat this merry song and dance.
Ultimately, this is great news. While you may not like every game Ubisoft releases, its creative independence should not be understated, and this move will allow it to continue to experiment and innovate without the shadow of shady businessmen watching over its shoulder.