Pay TV deal: The agreement between Italy's Mediaset and France's Vivendi will strengthen the French company's position in Italy as it seeks to create a content heavyweight to rival Sky and Netflix in southern Europe. — Reuters
PARIS: French media group Vivendi raised its unsolicited bid for mobile video games maker Gameloft for the second time on May 19, adding pressure on the founding Guillemot family.
Vivendi, led by billionaire Vincent Bollore, increased its tender offer to €8 (RM36.64) a share from €7.20 (RM32.97) previously, it said in statement. This values Gameloft at about €680mil (RM3.11bil), compared to €610mil (RM2.79bil) previously.
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