Square Enix: Company Denies New Acquisition Rumors

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Square Enix: Company Denies New Acquisition Rumors

acquisition, Company, denies, Enix, Rumors, Square

A report by business magazine Bloomberg Japan had sparked new rumors of a possible takeover of Square Enix, but the company promptly denied it.

Most recently, companies in the games industry have been diligently bought and incorporated, above all, of course, Bethesda from Microsoft. Also to Square Enix recently came due to a corresponding report from Bloomberg Japan Rumors on. There it was said, citing sources from the banking sector that were not specifically named, that there were several interested parties in Square Enix. It was therefore only unclear whether the potential buyers wanted to acquire Square Enix as a whole or just the gaming area.

Such takeover rumors usually also have an impact on the share price or company value. Accordingly, stock prices on the Tokyo Stock Exchange rose 13.8 percent after the report was released. The crux of the matter: Apparently, there is nothing to do with the speculation.

In a rather unusual step, Square Enix has officially spoken out shortly after the article was published. The publisher of Final Fantasy emphasizes that they are not interested in selling the company, nor that they have received any offers from third parties for a purchase in any form.

“Bloomberg announced today that there are multiple buyers interested in acquiring Square Enix. This report is in no way based on any announcements made by Square Enix Holdings Co. Ltd. We are considering, nor have, any sale of the company or any business we receive some offer to buy the company or a division “, so the statement in no uncertain terms.

At least with regard to Square Enix, takeover rumors may be shelved for the moment.

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