(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 BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationChicago’s $1 Billion Budget Hole Exacerbated by School TurmoilFrom Cleveland to Chicago, NFL Teams Dream of Domed Stad

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

  • EvilBit@lemmy.worldEnglish
    0·
    1 month ago

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

    • ampersandrew@lemmy.worldOPEnglish
      0·
      1 month 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
        0·
        1 month 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
          0·
          1 month 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%.