Categories: Wire Stories

Disclosure Update: Completion of Share Transfer with Change to Subsidiaries (Divestiture of Select Overseas Studios & IP)

TOKYO–(BUSINESS WIRE)–SQUARE ENIX HOLDINGS CO., LTD. (the �Company”) announced in a May 2, 2022 release entitled “Execution of Share Transfer Agreement with Change to Subsidiaries (Divestiture of Select Overseas Studios & IP)” that the Company signed a share transfer agreement with Sweden-based Embracer Group AB. Based on the agreement, the Company announced that share transfer was completed today.

The Company continues to carefully assess how the share transfer might impact earnings for the fiscal year ending March 2023 and will make an immediate announcement should any information warranting disclosure be identified.

Contacts

Kazuka Nohara

Corporate Communications, SQUARE ENIX HOLDINGS

PR-HD@square-enix.com

Alex

Recent Posts

Hong Kong – Sailing towards a greener tomorrow

HONG KONG SAR - Media OutReach Newswire - 19 November 2024 - Global business leaders,…

6 hours ago

Trend Micro Partners with Paris Peace Forum to Drive Secure AI Adoption

Trend to join and support France’s much-anticipated AI Action Summit in February HONG KONG SAR…

8 hours ago

Creative Learning Program Sparks Change in Classrooms Nationwide, Engaging Over 27,000 of Malaysia’s Students and Teachers

Supported by the Ministry of Education, Faber-Castell's Score A annual programme continues to revolutionize education,…

9 hours ago

OPPO Takes ColorOS 15’s AI Capabilities to the Next Level with Google

OPPO enhances ColorOS 15 with Google's leading AI capabilities ColorOS 15 will include the Google…

9 hours ago

Prudential officially launches global AI Lab in Singapore

The AI Lab will collaborate with ecosystem partners including government agencies, research organisations, and technology…

11 hours ago