Article written by Alex C.
Published on 29/06/2012 at 10:16 PM.
Rumours this evening are circulating that Vivendi is to attempt to sell its 61% stake in Activision. The stake is worth over $8 billion.
If no buyer is found for the publisher, the French-based company will then sell a partial stake on the open market, according to Bloomberg’s anonymous source.
Vivendi is under pressure from investors to “restructure the company and boost the stock price from a near nine-year low” according to the report.
An spokeswoman for Activision had no immediate comment.