Ubisoft CEO Yves Guillemot has said a "reasonable" takeover offer from EA could force the company to consider accepting...

French newspaper Les Echos has interviewed Ubisoft CEO Yves Guillemot, who suggested that a takeover of the France-based publisher/developer could still happen.

At the end of last year, EA bought around 20% of Ubisoft's stock, fuelling rumours the American publishing behemoth would launch a full-scale take-over bid. Guillemot himself said that EA's stock buy-out was "hostile" and appealed to the French authorities for security against a take-over.

However Guillemot has now said that a "reasonable offer would force the company to consider accepting, for the benefit of shareholders and employees. We are not safe from a hostile action from Electronic Arts, which would be difficult to block if they make a genuinely interesting offer... [Though] I doubt that our shareholders could be won over by a cut price."

These new rumours have seen Ubisoft stock explode in value from by 1.36 euros ($1.66) to 42.40 euros ($51.78). More as it breaks.