This deal is notable because it doesn't involve Tencent snapping up Remedy at all. Vanguard is and will remain Remedy's own IP. Instead of some sort of merger or buyout, these two companies are actually working together to co-finance and co-publish the game.
https://www.techspot.com/news/92779-remedy-partners-tencent-create-new-free-play-coop.html?utm_source=dlvr.it&utm_medium=blogger
https://www.techspot.com/news/92779-remedy-partners-tencent-create-new-free-play-coop.html?utm_source=dlvr.it&utm_medium=blogger