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

  • @ampersandrewOP
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    83 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
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      113 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
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        213 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%.

        • @EvilBit
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          43 months ago

          Gotcha, that makes sense. Thanks!