“It is true that we have made an initial statement of intent. We would appreciate it if you would allow us to refrain from further comment.”
CEO Takeshi Natsuno also said that any facts regarding the matter would be announced "in a timely and appropriate manner."
Talks between both companies are allegedly ongoing, and a deal could be reached in the "coming weeks" if everything goes well.
Kadokawa says it hopes to use ACQUIRE to "generate synergies" with its existing subsidiaries, FromSoftware and Spike Chunsoft.
Tencent subsidiary Sixjoy Hong Kong will acquire 16.25 percent of the total shares, while Sony will own 14.09 percent of shares.
Dr. Serkan Toto also talks the company's valuation which was "well below $30 million" in 2014 and "very likely a total joke back then."
Sony receives a 1.93% ownership of the company as a result.
That means Xbox and Switch owners can create and share their games with one another.
Dark Souls parent company has a presser planned.
