In the last few hours, a shocking rumour has been circulating in the video game industry. Numerous buyers are reportedly interested in acquiring today’s key video game developer Square Enix.
The information comes from the financial news platform CTFN and is reported by Bloomberg Japan. It mentions that there are “several potential buyers” interested in buying the company. However, it is not known whether the purchase would be of Square Enix’s games department or the entire company.
Some analysts downplay the rumour with the following words:
FWIW - Think its bankers trying to drum up business, Stock been under pressure because of failure of Avengers. No doubt it has great IP but already has commercial agreements with Sony and Tencent... https://t.co/IyS7qCKeVp
— David Gibson (@gibbogame) April 16, 2021
Just a note that game companies often have discussions about M&A. Doesn't mean something is actually happening.
— Daniel Ahmad (@ZhugeEX) April 16, 2021