Sony Eyes FromSoftware Acquisition Amid Takeover Rumors
Rumors suggest that Kadokawa, the owner of FromSoftware, may have approached Sony to prevent a hostile takeover by South Korean conglomerate Kakao. Kakao, known for its messaging app and entertainment ventures, has been increasing its stake in Kadokawa since 2020 and is now its largest shareholder. This move comes amid concerns over Japan's new law allowing hostile takeovers, making companies like Kadokawa vulnerable. The situation highlights the complex dynamics between Sony, Kadokawa, and Kakao, with potential implications for the gaming industry.