Square Enix responds to buyout rumors

News Store Square Enix Responds to Buyout Rumors Posted on 04/16/2021 at 1:10 p.m. Bloomberg’s Japanese subsidiary has announced that many buyers are looking to buy Square Enix, whose financial balance has been weakened by disappointingly successful productions like Marvel’s Avengers. The Japanese publisher was forced to deny this. Bloomberg quoted “potential buyers” without naming them. If Square Enix Holdings isn’t just present in the video game (Bloomberg doesn’t say whether it was a takeover of any of the company’s branches or all), obviously many thought of Sony and Microsoft first. Speculation and rumors are widespread. Square Enix shares are up 13.80% on the Tokyo Stock Exchange. After these fluctuations and so many rumors, Square Enix Holdings was forced to act early. Bloobmerg reports today that various buyers are showing interest in acquiring Square Enix. However, this report is not based on any announcements made by Square Enix Holdings Co., Ltd. We do not plan to sell the company or any part of its business, nor have we received offers from third parties to acquire the company or any part of its business. Time will tell if Square Enix was forced to respond to rumors because they were parasitic in ongoing negotiations or if Bloomberg was just wrong. Also read: By Damien-Scaletta, writing from MPTwitter

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