Square Enix denies reports that it’s looking to sell
Square Enix is not looking to sell the company, nor has it received any acquisition offers, despite a recent report saying otherwise.
The Final Fantasy publisher released a statement (via Destructoid) following a Bloomberg Japan report that there were several parties interested in acquiring the company. Square Enix roundly denied that it was looking to sell or that it had received offers from anyone.
Square Enix’s official statement is that the Bloomberg 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.”
When the report first circulated, the natural assumption was that Microsoft was looking to add yet another major publisher to its Xbox Game Studios stable following its ZeniMax acquisition. There has been a recent resurgence of the rumor that Xbox is looking to acquire a Japanese studio, despite denying this in November 2020, and a new rumor that Microsoft is close to making a deal with Hideo Kojima to publish his studio’s next game. But it doesn’t appear that Square Enix is in Microsoft’s acquisition crosshairs as of right now.
However, Square Enix’s statement does leave a little wiggle room. Sure, the publisher hasn’t received any offers, but that doesn’t mean that someone hasn’t expressed an interest in making a deal. And if one of the biggest third-party publishers in Bethesda can join Microsoft, what’s stopping Square Enix from doing the same?
Michael Goroff has written and edited for EGM since 2017. You can follow him on Twitter @gogogoroff.