Barclays and Goldman Sachs reported to be brought in to broker $8bn deal

Vivendi ‘in talks’ with banks for Activision sale

Vivendi is reported to be in talks with Barclays and Goldman Sachs about how best to broker the rumored eight billion dollar sale of Activision-Blizzard.

According to the Wall Street Journal, the two major banks are helping the French entertainment company assess its options in offloading its 61 percent interest.

The unconfirmed rumors of the sale have gathered momentum in recent weeks, with talk that Vivendi has actively been seeking buyers for the world’s largest games company.

Though most reports center around the posibility of an outright sale, other options exist, such as Activision buying back Vivendi’s shares.

About MCV Staff

Check Also

470 Pacific [Industry news] Pacific Standard Creative Launches as New Division of Pacific Standard Sound, Merging World-Class Film, Television, and Video Game Capabilities

[Industry news] Pacific Standard Creative Launches as New Division of Pacific Standard Sound, Merging World-Class Film, Television, and Video Game Capabilities

Pacific Standard Sound (PSS), the award-winning sound design and full service post production and sound company whose work spans some of entertainment's most iconic properties, today announced the launch of Pacific Standard Creative (PSC), a new division purpose-built to serve the evolving storytelling and production needs of video game development studios, advertising agencies, trailer houses, and independent productions who demand world-class sound without compromise. Pacific Standard Creative will be helmed by industry veteran Eric Marks, who brings more than a decade of audio and engineering leadership, as well as two years as the Vice President of the Motion Picture Sound Editors (MPSE).