Eidos has reached an agreement with Square Enix which will result in the Britsoft firm’s complete share capital being purchased by the Japanese company in early May.
Shareholders are expected to approve the deal at the Eidos EGM later this month.
Following this, trading of Eidos shares will be suspended on April 21st and the cancelling of its share listings is due to occur the following day.
A settlement is hoped to be in place by May 6th.
Tags acquisition ben-parfitt buyout date eidos shares square enix
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Entity, a new Irish gaming distribution startup, today announced it has completed a €5 million seed round for its next-generation gaming platform which is set to launch in early 2027. Entity has embraced the latest breakthrough web technology to create the home of console-quality games for the “new web” era. Entity is effectively replacing the need for a dedicated gaming device such as the console or PC for most games: Bringing, for the first time, instant and social game play experiences to the largest global game playing audience without the friction of downloads or installs. Entity delivers a true click and play experience for games players, anytime, anywhere and on any modern browser
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