Game over for Vivendi as Ubisoft pulls off ECM coup

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Game over for Vivendi as Ubisoft pulls off ECM coup

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The power of equity capital markets to solve complex corporate finance problems elegantly was vividly demonstrated on Tuesday night when JP Morgan and Crédit Agricole led a €2bn sale of Vivendi’s whole 27% stake in Ubisoft, the video game developer, writes Sam Kerr.

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