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Tencent, Guillemot Family Said to Consider Buyout of Ubisoft (finance.yahoo.com)

submitted 2 months ago by [email protected] to c/[email protected]

13 comments fedilink hide all child comments

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

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[–] [email protected] 17 points 2 months ago (1 children)

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

[–] [email protected] 8 points 2 months ago (1 children)

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.

[–] [email protected] 11 points 2 months ago (1 children)

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.

[–] [email protected] 21 points 2 months ago (1 children)

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%.

[–] [email protected] 4 points 2 months ago

Gotcha, that makes sense. Thanks!