Video games industry expert Joost van Dreunen believes Ubisoft will be privatized and dismantling in 2025 as the French company plots takeover failsafe.
I was more used to hearing privatization referring to a government owned entity passing to private interests, but I did a quick search and found out it can mean both things:
Privatization occurs when a government-owned business, operation, or property becomes owned by a private, nongovernment party.
Privatization also may describe a transition that takes a company from being publicly traded to becoming privately held. This is referred to as corporate privatization.
Neat. Thanks. It must be unusual though. That publication seems to have only used it in the title because it’s part of a quote that is the basis for the article. They don’t use that phrasing anywhere else except in a longer quote in the body. Elsewhere they use more common phrasing like ‘go private’.
I was more used to hearing privatization referring to a government owned entity passing to private interests, but I did a quick search and found out it can mean both things:
Neat. Thanks. It must be unusual though. That publication seems to have only used it in the title because it’s part of a quote that is the basis for the article. They don’t use that phrasing anywhere else except in a longer quote in the body. Elsewhere they use more common phrasing like ‘go private’.