By Sherif Saed
April 16, 2021 Greenwich Mean Time (GMT)
Square Enix has responded to reports about potential buyers.
This morning, a Bloomberg Japan report showed that many buyers have expressed interest in acquiring the Japanese giant. Square Enix.
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This brief report cited anonymous sources in the banking industry, who could not say whether the buyer was only interested in Square Enix’s gaming business or the company as a whole. This news is quite surprising, enough to increase its share price on the Tokyo Stock Exchange by 13.80% before noon.
Square Enix took an unusual move and actually responded to the report, completely denying Bloomberg’s report.In the statement [PDF] (by Dr. Serkan Toto) Was released this afternoon, and the publisher of Final Fantasy stated that it neither intends to sell nor receives a third-party offer.
“Bloomberg reported today that some buyers are interested in acquiring Square Enix. However, the report is not based on any announcement by Square Enix Holdings Co., Ltd..
“We are not considering selling the company or any part of its business, nor have we received any offer from any third party to acquire the company or its business.”
Square Enix is developing many anticipated high-profile games. In the near future, a remake of “Final Fantasy 7” “Intergrade” (and its sequel in development) will be released, and “Final Fantasy 16” and the recently named “Forspoken” will be released later. The company’s Western publishing department is also responsible for Marvel’s Avengers and most recently Outriders.
