Ubisoft wards off Vivendi by nominating two new board members

[Administrator]

Ubisoft is adding two new independent directors to its board as the giant publisher wards off a hostile takeover from Vivendi.
Pending shareholder approval on 29th September, Ubisoft would like to add Frederique Dame and Florence Naviner as independent directors. Conversely, one of its independent directors, Estelle Metayer, will be stepping down this autumn.
Should the new board members be approved, this would bring the board to 10 members, half of which would be independent directors. More importantly, these would be new directors that aren't affiliated with Vivendi, a company that's been vying for room on the board.
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