(Bloomberg) -- Tencent Holdings Ltd. and Ubisoft Entertainment SA’s founding Guillemot family are considering options including a potential buyout of the French video game developer after it lost more than half its market value this year, according to people familiar with the matter. Most Read from BloombergThe Corner Store ComebackNYC Schools Reverse Course on Cell-Phone Ban After Parents BalkRoofs of Mexico City’s Massive Food Market Will Power Public BusesMexico City Restricts Airbnb Rentals

Tencent would be capped at a 10% stake. The Guillemot family would remain in control, just the way they want it.

  • @EvilBit@lemmy.worldEnglish
    17•3 months ago

    I’m not a finance person, but selling equity capped at 10% isn’t a “buyout”, is it?

    • @ampersandrew@lemmy.worldOPEnglish
      8•3 months ago

      The family is buying the shares as well, with Tencent having a minority ownership. Or might, rather. This is a consideration. It isn’t definitely happening.

      • @EvilBit@lemmy.worldEnglish
        11•3 months ago

        But I’m just asking, naively, is 10% a “buyout” by any reasonable definition of the term? I thought that was just a “stake”. I thought a “buyout” meant buying all of someone’s stake.

        • @radix@lemmy.worldEnglish
          21•3 months ago

          Tencent and Guillemot combined are considering a buyout of other shareholders. Most of that is Guillemot, with Tencent increasing their share very slightly from 9.2% to 10%.