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

  • @EvilBit
    link
    English
    114 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
      link
      English
      214 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
        link
        English
        44 months ago

        Gotcha, that makes sense. Thanks!