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FYI, the Guillemots, the founders of Ubi and previous Largest owners, have ~15% of the capital.
EA is unstoppable, run to the hills, or else EA might buy you...
Electronic Arts buys 19.9 pct in Ubisoft from Talpa Beheer
PARIS (AFX) - US video games maker Electronic Arts (NASDAQ: ERTS - news) said it bought about 19.9 pct in French rival Ubi Soft Entertainment SA from Talpa Beheer BV for an undisclosed sum.
Ubisoft shares closed at 16.98 eur on Euronext Paris on Friday, valuing the company at about 300 mln eur.
Electronic Arts said the share purchase, carried out in one block, will be completed when antitrust clearance is obtained from the US government.
Talpa Beheer is the investment vehicle of Dutch financier John de Mol, co-founder of TV company Endemol which pioneered reality TV with 'Big Brother'.
Talpa was reported early in 2004 to have raised its stake in Ubisoft to 10.5 pct
FYI, the Guillemots, the founders of Ubi and previous Largest owners, have ~15% of the capital.
EA is unstoppable, run to the hills, or else EA might buy you...