Eidos ceases trading as independent publisher

Eidos is no longer a British publisher – after Japanese giant Square Enix completed its takeover of the Tomb Raider label this afternoon.

The Board of Eidos announced today that acquisition had been sanctioned in a Court Hearing. The firm’s shares will be suspended on the London Stock Exchange at 5pm, and delisted tomorrow morning at 8am.

Current Eidos investors will receive 32 pence in cash for each share held.

MCV first predicted the buyout in December last year – when Square was involved in a race with Warner Bros to acquire the firm.

MCV understands that jobs at Eidos’ UK HQ are unlikely to be affected by the move, and that the Wimbledon office will continue to operate independently from its new parent.