Reports are surfacing that Square might be looking to take over another company, with the publisher raising substantial capital that could be put towards another acquisition.
Announcing the issue of zero-coupon convertible bonds to the value of JPY 35 billion (USD 386 million), it stands to reason that Square Enix could indeed attempt to launch a takeover bid for another company following their acquisiton of Eidos for £84 million.
Last year, Square attempted to buy out Tecmo, but failed. It's entirely possible that the Japanese publisher might take another crack at buying Tecmo or they may have a go at taking over another company.
But who? We'd rather not speculate, for fear of being completely wrong, but please feel free to talk amongst yourselves.
Announcing the issue of zero-coupon convertible bonds to the value of JPY 35 billion (USD 386 million), it stands to reason that Square Enix could indeed attempt to launch a takeover bid for another company following their acquisiton of Eidos for £84 million.
Last year, Square attempted to buy out Tecmo, but failed. It's entirely possible that the Japanese publisher might take another crack at buying Tecmo or they may have a go at taking over another company.
But who? We'd rather not speculate, for fear of being completely wrong, but please feel free to talk amongst yourselves.
