Report says Ubisoft is looking for Canadian investors to avoid a Vivendi takeover bid

According to The Glove and Mail, a report says Ubisoft is looking for Canadian investors to avoid a Vivendi takeover bit. For Yves Guillemot, Ubisoft CEO, it is important to maintain control of the company; he confirmed Ubisoft officials will have a meeting to try to build support to raise funds.

“We want to increase the number of Canadian shareholders in Ubisoft to have better control over the capital,” said Mr. Guillemot. A change in leadership could affect the company, overall. There are 3000 jobs at stake, and changes to the company could bring layoffs.

[Source]: The Globe and Mail: Maker of Assassin’s Creed video game turns to Canadian investors to fend off takeover bid .