Tencent, Guillemot Family Said to Consider Buyout of Ubisoft
Tencent, Guillemot Family Said to Consider Buyout of Ubisoft
Tencent, Guillemot Family Said to Consider Buyout of Ubisoft

Tencent would be capped at a 10% stake. The Guillemot family would remain in control, just the way they want it.
I’m not a finance person, but selling equity capped at 10% isn’t a “buyout”, is it?
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.
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.