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Square Enix shuts down reports that it is looking to sell

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I'll put away my wallet then

Square Enix has released a statement denying that it is in the process of negotiating a sale. Square Enix Japan made the rebuttal in response to a recent Bloomberg report that suggested the developer/publisher was in talks with numerous "interested parties" in regards to a possible purchase.

"Bloomberg has reported today that there is interest from several buyers to acquire Square Enix," addressed the Final Fantasy publisher. "However, this report is not based on any announcement by Square Enix Holdings Co., Ltd. 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."

As reported by Kantan Games' Dr. Serkan Toto, the publishing of Bloomberg's story would see Square Enix Japan's stock rise significantly, hitting an almost 14% increase by Japan's midday trading period. But it seems, at least according to Square itself, that it's still business-as-usual for the legendary RPG developer.

I guess I'll just tear up this statement of intent that I spent the whole morning drafting.

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Chris Moyse
Chris MoyseSenior Editor   gamer profile

Chris has been playing video games since video games began... still terrible at them. Former Saturday Night Slam Master, rambles nostalgically like Abe Simpson. I ain't here to fight, so let's no... more + disclosures


 


 



Filed under... #Industry Bull #Mergers and Acquisitions #Money #rumor #Square Enix

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