Gameloft has closed another studio. This time — the British Gameloft UK.

The story of Vivendi’s sale of its stake in Ubisoft has dragged on. Back on March 20, it was announced that Vivendi would get rid of the developer’s shares. But, as it became known today, the company will finally say goodbye to the assets of the authors of Assassin’s Creed only in March next year.

Mobile developer and publisher Gameloft reported for the 1st quarter of 2018. The company reported a 13.4% decrease in revenue compared to last year. The drop in revenue is due to the fact that the company did not have a single release in the first three months of this year.

On March 20, the French publisher Ubisoft announced the signing of an agreement with Vivendi. According to the agreement, Vivendi sells its entire stake in Ubisoft. The deal is estimated at €2 billion.

The French media corporation Vivendi will not try to absorb Ubisoft for at least the next 6 months. This is stated in Vivendi’s financial report for the 3rd quarter of 2017.

Ubisoft will buy up to 4 million of its own shares to prevent its takeover by the French media conglomerate Vivendi.

French media conglomerate Vivendi has not yet decided whether to try to take over Ubisoft or sell its shares in the company.

Ubisoft shareholders approved by a majority vote the decision of CEO Yves Guillemot to appoint two independent directors to the company’s management board.

The Guillemot family acquired 1.75% of Ubisoft shares for an estimated €112.5 million. The purchase brought the ownership stake of Ubisoft by the Guillemot family to 15.35%, which gives it 20.02% of the shareholders’ votes.

As part of the ongoing conflict with Vivendi, the Guillemot family has increased its stake in Ubisoft.

Revenue (EBITA) of mobile developer Gameloft in the 1st quarter of 2017 decreased to $3.2 million against $5.4 million that the company earned in the previous quarter.

The French media corporation Vivendi may buy the gaming company Ubisoft, the Reuters news agency reports, citing internal sources.

The Guillemot family may lose Ubisoft after Gameloft. French media giant Vivendi has announced that it owns more than 24% of Ubisoft shares.

This Monday, 3.5% of Ubisoft shares became the property of Guillemot Brothers SE. The company belongs to the family of Ubisoft CEO Yves Guillemot. The purpose of the purchase is to protect against a hostile takeover by the Vivendi conglomerate.

Vivendi has taken over 20.1% of Ubisoft shares. However, he still denies the possibility of a hostile takeover. At least for the next six months.

After Vivendi managed to seize a controlling stake in Gameloft during a hostile takeover, the family of the company’s founder announced the sale of its shares.

Gameloft founder and CEO Michel Guillemot plans to resign due to Vivendi receiving a controlling stake in his company.

More than 50% of the shares of the French publisher and game developer Gameloft ended up in the hands of the Vivendi media group.