18-02-2016 15:48 via uk.news.yahoo.com

Ubisoft unveils growth plan to fend off Vivendi

By Mathieu Rosemain and Gwénaëlle Barzic PARIS (Reuters) - French video games maker Ubisoft declared new revenue and profit growth targets for the next three years on Thursday as management sought to secure its independence in the face of media group Vivendi's recent stakebuilding. Vivendi, which is chaired by French billionaire Vincent Bollore, has increased its stake to almost 15 percent since buying into both Ubisoft and related mobile phone games company Gameloft last October. Th
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