Vivendi considering 'variety of options' for Activision Blizzard sale
French media conglomerate still looking to unload its 60 percent stake in Call of Duty publisher.
Vivendi continues to explore options to sell a portion of its stake in Activision Blizzard, the French media conglomerate said this week during an earnings call.
Chief financial officer Philippe Capron said (via the Wall Street Journal) that the company is considering a "variety of options" to unload the Call of Duty and World of Warcraft company.
"There is a process going at the board level," he added.
According to sources speaking with the newspaper, Activision Blizzard management has for a while now been interested in buying out some of Vivendi's 60 percent stake. The company could be in the position to do so, thanks to the $4.3 billion it has in cash on hand.
Vivendi first expressed interest in unloading Activision Blizzard in June 2012. The company currently holds a 61 percent stake in the game publisher, valued at $8.1 billion.
A number of potential buyers emerged last year, including Microsoft, Time Warner, Tencent, Disney, and a group of private equity firms. However, no deal was ever solidified, as Vivendi continues to have a tough time finding anyone to take the publisher off its books.
Genshin Impact Version 3.0 Trailer Firearms Expert Reacts To Escape From Tarkov’s Guns PART 5 Multiversus Season 1 Gets A New Release Date | GameSpot News Destiny 2: The Witch Queen Where is Xur August 12, 2022 Marvel's Spider-Man Is Fantastic On Steam Deck | Settings Recommendations Sony Reportedly Paying To Keep Games Off Game Pass | GameSpot News Madden NFL 23 - Everything To Know AEW: Fight Forever | THQ Showcase Trailer 2022 Jagged Alliance 3 | THQ Showcase Trailer 2022 SpongeBob SquarePants: The Cosmic Shake | THQ Showcase Trailer 2022 Tempest Rising - Official Cinematic Reveal Trailer Wreckreation - Official Gameplay Reveal Trailer
GameSpot may get a commission from retail offers.
The products discussed here were independently chosen by our editors. GameSpot may get a share of the revenue if you buy anything featured on our site.