Vivendi's Activision Blizzard back

Activision Blizzard Vivendi is back

Sale. The French media giant Vivendi separated from a larger block of shares in the video game manufacturers - twelve percent will retain Vivendi, by 61 percent. Within a few hours the deal was on Friday but then perfect. Vivendi has the weltgr computer and video game publishers Activision Blizzard sold to a consortium including former actually with the multibillion-dollar sale to promote its group restructuring. The french media giant Vivendi had previously separate 61 percent of the producers of games like World of Warcraft, the company said in Paris on Friday. The sale of 49 percent of the equity stake is the highly indebted Universal Music parent around 6.2 billion euros into the coffers sp package of shares in Activision Blizzard now goes to an investor group F of company boss Bobby Kotick. This was already working towards a l independence of the U.S. video game company. Activision Blizzard is the provider of games such as Call of Duty, Diablo, Spider-Man, X-Men and James Bond. The french media and telecommunications group was at the helm of the company since 2007 and has tried for l more capital from the company to beat.

A first attempt to sell the existing 61 per cent stake had failed in the past year. After the French defeat their announcements Mediengesch the most important part of the conglomerate, so that the separation of Activision f comes some observers now - especially since the company is more profitable than other Vivendi divisions.

Just last year, good business of Electronic Arts rivals had mitigated the drop in profits by Vivendi. With its mobile subsidiary SFR, the Group suffered particularly under the various nationalities price war in France. Activision Blizzard had emerged from the merger of Vivendi Games and Activision division.

A Vivendi spokesman announcements on Friday, the Mediengesch now focus entirely on the Universal Music Group and the pay-TV channel Canal Plus and other 100 percent T in the entertainment industry.

Debt reduction

Chief Financial Officer Philippe Capron also emphasized by the remaining portion of tw percent benefit even further from Vivendi Activision Blizzard business, the revenue should primarily serve to reduce the debt and to ensure the worthiness. Finally, on Tuesday, the French had to sell the Moroccan division Maroc Telecom to angek in Abu Dhabi to the competitors Etisalat Kotick n with the negotiated after months of conversation Aktienr his goal, which he has developed since 1991 Branchengr company back under their own control to put. Daf the company invests in the California Santa Monica itself $ 5.83 billion (4.5 billion euros). Additional $ 2.34 billion (1.7 billion euros) come from company boss Kotick, Brian Kelly Co-Chairman and a consortium of investors. Among them was also the Chinese web portal Tencent.