Vivendi now holds 10.4% of Ubisoft and 10.2% of Gameloft for a total investment of €278.4M.
The company said it could buy even more shares and seek board seats -- in spite of a statement from Ubisoft and separately from Gameloft last week affirming their independence.
It's a clear course change for a Vivendi that was supposedly getting more focused on fewer businesses through divestment. But the company has been sitting on €9B in cash from those divestments and it appears to be putting it to work on a new convergence strategy.
Previously: Vivendi takes stakes in game makers Ubisoft, Gameloft (Oct. 14 2015)
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