(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 BloombergSingapore Ends 181 Years of Horse Racing to Make Way for HomesFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsWhat Do US Vehicle Regulators Have Against Tiny Cars?Urban Heat Stres

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
        1·
        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
          1·
          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%.