Adding to today's Ubisoft-related news, a report via Polygon has placed the company as having finally bested Vivendi's hostile takeover attempt. if you'll recall, this is an on-again, off-again "love" affair from Vivendi towards Ubisoft, and was based on the fact that vivendi controlled the biggest stake in Ubisoft shares than any other shareholder, at 27.27%.

I say was, because Vivendi's share of Ubisoft is being divested by the former, following a deal that was signed between Vivendi and Ubisoft. The way this was done was as follows: Ubisoft itself is buying back as much as 8.1% of its shares from Vivendi from 2019 through 2021. Guillemot Brothers SE - which represents Ubisoft's founding Guillemot family - is buying an extra 2.7% of the company in a cash transaction with Vivendi. The Ontario Teachers' Pension Plan - an independent organization that administers pensions for about 318,000 teachers in Canada - is acquiring a 3.4% stake, and Tencent (the Shenzhen, China-based company that is the world's largest gaming company by revenue) is buying an additional 5% of the company.None of the two new investors will get a seat on Ubisoft's board of directors, but Tencent gets an additional clause added to its contract, that prohibits Tencent from transferring its shares or increasing its voting rights or ownership stake in Ubisoft - clearly inked in order to try and prevent a new Vivendi situation. The remaining 8% stake of Vivendi's shares will be sold to qualified investors through an accelerated bookbuild, under which the shares will be offered only through today, March 21st.The deal aims to satisfy both parties, really. While Ubisoft gets Vivendi out of its hair, Vivendi themselves will net around $2.2 billion dollars from this deal, where they originally invested some $772 million - a hefty profit. Tencent, on the other hand, has received rights to "operate, publish and promote several of Ubisoft's most successful titles on PC and mobile in the Chinese market," Ubisoft said.