As Sony's reported plans to acquire Dark Souls and Elden Ring developer's parent company get flagged as "unclear information" by Tokyo Stock Exchange, Kadokawa confirms "no decision has been made"
But it "has received an initial letter of intent" to acquire its shares
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(Image credit: FromSoftware)
As reports ofSonyapparently being in talks to buy outFromSoftwareowner Kadokawa surface online, the Tokyo Stock Exchange hasissued an alertthat “unclear information regarding acquisition has arisen.”
It seems like that could already be happening with Kadokawa, as shares have surged since the publication of the initial report, having closed 16% higher today,according to Reuters. Perhaps this is why the alert is being issued now, and it seems even more relevant after anew statement from Kadokawa, which confirms that, while it has “received an initial letter of intent to acquire the Company’s shares,” ultimately, nothing has been nailed down just yet.
For now, we’ll just have to wait and see, but there’s no doubt that Sony taking ownership of Kadokawa would behuge. If it does, we can only hope that there’s a …
