Be ready for the upcoming takeover bid on Gameloft (hostile or friendly)!

BUY, Fair Value EUR6.7 (+12%)
News published on December Monday 21, 2015
Share on

Vivendi now owns 28.20% of Gameloft’s share capital and 25.00% of the voting rights (vs. 16.63% and 25.11% for the Guillemot family). We believe Vivendi will launch a public tender offer on Gameloft in the short term (hostile or friendly, it will succeed in our view) to force Ubisoft to enter into discussions and convince the Guillemot family that there are synergies between both groups. And finally, we expect a friendly takeover bid on Ubisoft sometime in 2016e. Vivendi’s stakes in both companies encourage speculation and we believe in it. Buy ratings on Gameloft (FV of EUR 6.7) and Ubisoft (FV of EUR37). Our FVs reflect minimum prices in the case of takeover bids.

For more information, please contact 

The Essentials

Everything you need to know about investment banking dedicated to growth
Recent Transactions Highlights
From M&A, to IPOs see what’s been happening at Bryan, Garnier & Co this year
Join our Team
Bryan, Garnier & Co is always looking for talent in all our divisions, at all levels
Explore our opportunities