Vivendi 'in talks' with banks for Activision sale

Vivendi 'in talks' with banks for Activision sale
Seth Tipps

By Seth Tipps

July 18th 2012 at 9:23PM

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

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.