There has been much word going around regarding the upcoming bidding for Index Holdings, the parent company of ATLUS which is going through a rough patch at this time. Despite some concern from fans about a first-party video game publisher (ie. Nintendo, Sony Computer Entertainment or Microsoft) acquiring the ATLUS brand and their coveted “Megami Tensei” franchise, word has been coming out that companies like Sega Sammy are keen to get their hands on Index Holdings.
Bloomberg, the same people who brought us word regarding Sega Sammy’s plans have confirmed that J Trust, the financial services firm has also made an offer to purchase the Index Holding. According to Bloomberg the company are planning to use cash raised through a record rights offering to fund takeover bids.
In an interview, CEO Nobuyoshi Fujisawa stated that the Tokyo-based company can spend up to 130 billion yen in cash buyouts without external funding – which means they may potentially have quite a proportion of that potentially allocated to purchasing the company. The latest word is that bids to purchase Index have reached around 20 billion yen.
[Source: Bloomberg]
