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 Send to email | Report: EA selling a 15% stake in Ubisoft in businesseaelectronic-artsstockubisoft |  By David Hinkle
el 16-Jul-2010 |
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EA has been sitting on a good chunk of Ubisoft stock for a few years now. It looks like the company is planning to unload some of those shares (perhaps a result of some recent losses?). Bloomberg reports that EA is preparing to offload a 15% stake in Ubisoft -- last we heard, EA was holding onto nearly 25% of voting shares in the French publisher. The company currently holds the single largest stake in Ubisoft shares, Bloomberg says.
UBS AG, a financial services firm apparently brokering the sale, is currently placing about 14 million shares at a price of 6.48 Euros per share, according to the terms laid out to Bloomberg. Ubisoft's shares fell 3.2 percent in Paris yesterday, to a price of 6.97 Euros -- as of right now, shares are currently up, at 7.09.
We've contacted EA for confirmation and will let you know what we hear back.
[Update: We've updated the post for accuracy.]
 Report: EA selling a 15% stake in Ubisoft originally appeared on Joystiq on Fri, 16 Jul 2010 17:00:00 EST. Please see our terms for use of feeds.
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| Report: EA selling a 15% stake in Ubisoft | |
EA has been sitting on a good chunk of Ubisoft stock for a few years now. It looks like the company is planning to unload some of those shares (perhaps a result of some recent losses?). Bloomberg reports that EA is preparing to of [..] Read complete article | | Published 16-Jul-2010 by David Hinkle in businesseaelectronic-artsstockubisoft
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Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
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| Report: THQ selling Rise of Nations dev Big Huge Games | 
With the new developer smell (which is really more of a musk) still hanging in the air, Maryland-based Big Huge Games has found itself in the path of THQ's unyielding axe. This according to Crispy Gamer, which reports that the embattled publisher [..] Read complete article | | Published 18-Mar-2009 by Jason Dobson in big-huge-gameslayoffsrise-of-legendsrise-of-nationsthq
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| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
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| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
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| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
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| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
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| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
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