UPDATE
Square Enix has denied reports that it was being approached by various companies for a possible acquisition.
Bloomberg has reported today that there is interest from several buyers to acquire Square Enix. 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.
[Source – Eurogamer]
ORIGINAL STORY
According to a report on Bloomberg, multiple parties are interested in snapping up Japanese gaming giant Square Enix. Right now, it isn’t clear if the focus is on the Final Fantasy publisher’s gaming division or the firm as a whole.
The report cites two bankers familiar with the matter via CFTN, although there’s no names mentioned in regard to what companies are reportedly interested in buying Square Enix.
Square Enix is obviously a massively successful company, and its digital entertainment business made up 72% of its total sales during the fiscal year ended March 2020, so it’s perhaps unsurprising there is a lot of interest in the company.
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Square Enix is currently working on a number of major projects, including Final Fantasy 7 Remake Intergrade for PS5, Final Fantasy 7 Remake Part 2, and the all-new Forspoken. The latter is the first project from Luminous Productions.
[Source – Bloomberg]