Thread: Square Enix shuts down rumours that it's up for sale

Mista

Fox Hound
 
Platforms
  1. PC
  2. PlayStation
  3. Nintendo
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Square Enix has denied reports that it's selling itself off, nor has it received any acquisition offers, the Japanese publisher clarified today.

This week, Bloomberg Japan reported that several interested parties were interested in snapping up the JRPG maker, citing "two bank officials familiar with the situation". News of an acquisition seemed solid enough that Square Enix' stock rose 13.8% on the Tokyo Stock Exchange earlier today.

A few hours later, Square shot those rumours down with an official statement. No, the Final Fantasy company isn't for sale—and nobody's approached it with an offer.

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

 
I’d be really nervous if they were bought. Not that SE is a paragon of quality right now, but being snapped up by any one of the billion profit-at-all-costs investors or companies, would lead to even more of a downturn in their output.

Or maybe make them get games out on time. 🤔 One of those things.
 
Good to hear. Having strong 3rd parties is a good thing.

Honestly, the Bethesda acquisition made me a bit sad, even if it likely won't affect my ability to play their games on PC.
 
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