(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 BloombergThe Corner Store ComebackNYC Schools Reverse Course on Cell-Phone Ban After Parents BalkRoofs of Mexico City’s Massive Food Market Will Power Public BusesMexico City Restricts Airbnb Rentals

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

  • EvilBit@lemmy.worldEnglish
    17·
    1 month ago

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

    • ampersandrew@lemmy.worldOPEnglish
      8·
      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
        121·
        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
          21·
          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%.

  • ATDA@lemmy.worldEnglish
    11·
    1 month ago

    I imagine…climbing up a tower, scanning an area, the hundreds of mini activities litter the map with little coin icons showing the requisite amount of assassin coins you need to spend to try the level.

    Don’ t worry you get 10 free assassin coins per day, spend more to play sooner!

    Ugh

  • woelkchen@lemmy.worldEnglish
    111·
    1 month ago

    Maybe Ubisoft should for once make a good game (OK, Rayman Raving Rabbids for Wii was a fun romp for a bit). I’m constantly baffled how a company this shitty that’s constantly making super derivative games got so big in the first place.

    • ampersandrew@lemmy.worldOPEnglish
      7·
      1 month ago

      They sell to the type of person who only buys a few video games per year. They’re easy to play, they look nice, and they have a lot of content for the money, so you can stretch your dollar.

    • ElectricMachman@lemmy.sdf.orgEnglish
      4·
      1 month ago

      Mario & Rabbids Kingdom Battle was a rare gem from Ubi. Other than that, their best “recent” game is probably Rayman Legends, and that’s like a decade old now

    • Eyck_of_denesle@lemmy.zipEnglish
      2·
      1 month ago

      Assassins creed far cry series are still my favourite games except the newer ones. They are extremely enjoyable to my adhd brain.