Reports that Sony was in talks to acquire Kadokawa, the Japanese media conglomerate that owns Elden Ring developer FromSoftware, have been confirmed. Kadokawa has released a short statement acknowledging Sony’s intention but stating that no decision had been made.

Kadokawa Corporation has confirmed it has received a buyout offer from Sony, but insists it has yet to make a decision on whether to sell up. Earlier this week, Reuters reported that Sony was in talks to buy Kadokawa,

Following reports that Sony Interactive Entertainment is looking to acquire Kadokawa Corporation, the media conglomerate has now issued a statement revealing that while the PlayStation manufacturer is interested in buying Kadokawa, no decision has been made yet.