Sega Sammy Holdings will reportedly acquire publisher Atlus’ parent company Index later this year.
According to a Nikkei Japan report translated by Gematsu, the deal will be worth roughly $140m and take place sometime in November.
Reports last month had Sega among 20 individual companies competing to purchase Atlus outright from Index, with bids supposedly exceeding $200m for the publisher.
It’s not yet clear if Sega circumvented the bidding process by purchasing Index itself, or if the reports were erroneous in what entity was actually up for purchase (index instead of Atlus, in this case).
Index allegedly owes debts totaling approximately $224m, following its filing for bankruptcy in June and its stock delisting in July.
Sega has not officially commented on the reported purchase, but confirmation is expected to arrive from the company very soon.