Square Enix denies reports of acquisition

Updated:10:44 AM CEST Sep,20

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Gameguru Mania News - Apr,16 2021 -

Square Enix denies reports of acquisition - briefly
(hx) 10:11 PM CEST - Apr,16 2021 - Post a comment
Square Enix has been quick to shoot down reports earlier today (April 16) that they have received offers from multiple potential buyers interested in acquiring the company. The report came from Bloomberg Japan, citing bank officials who claimed to have knowledge of the situation, although it was not clear whether they were interested in buying the whole company or just the gaming division. However, Square Enix has issued a statement denying any such activity. This report is not based on any announcement by Square Enix Holdings Co., Ltd,” the statement read. “We do not consider selling off the company or any part of its businesses, nor have we received any offer from any third party to acquire the company or any part of its businesses.
Video games industry consultant Dr. Serkan Toto noted via Twitter that the Final Fantasy creator’s stock soared by up to nearly 14 per cent following the report.

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