That's a lot of cash.

Vivendi is busy raising money, according to this press release from GamesIndustry.biz.

Vivendi has announced that it plans to raise around USD 1.4 billion in a US bond issue, in order to help finance its acquisitions of fellow publisher Activision and French telecoms company Neuf Cegetel.

According to a Forbes report the motives behind the bond issue revolve around a desire to rebalance the structure of its debt, which to date had revolved around bank debt, and increase the length of the average loan maturity.

Read more at GamesIndustry.biz.

Last Updated: Mar 13, 2016

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