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Eurogamer

Square Enix Officially Denies Reports Claiming It Plans to Go Private

Japanese publisher and developer Square Enix has officially issued a public statement denying recent media reports that claimed the company was planning to go private. The rumors, which originated from Japanese news outlets, suggested that the celebrated studio behind major franchises like Final Fantasy, Dragon Quest, and Kingdom Hearts was preparing to buy back its public shares and exit the stock market. In response, Square Enix clarified its corporate position, quashing the claims and assuring investors and the gaming community that these reports are unfounded. By addressing the situation directly, the company aims to eliminate speculation regarding its ownership structure and operational control. The publisher remains focused on its standard public business operations and its ongoing pipeline of video game releases and developments across global markets.

Original source: Eurogamer

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