Back in February 2016 we reported on Vivendi who were essentially forced under French law to make a takeover bid on Gameloft after acquiring a large stake in Gameloft after their last share buy. This all began in October 2015, which is when Vivdeni began buying up chunks of Gameloft’s shares and after netting around a 30% stake in Gameloft, and because of Vivdeni now owning a 30% stake in Gameloft, under French law this means they have a mandatory takeover offer to make and they did.
