Sega is reportedly one of several groups bidding on Japanese developer and publisher Atlus Co.
Polygon points to a Bloomberg Japan report claiming that Sega Sammy Holdings is one of approximately 20 organizations looking to buy Atlus from its parent company, Index Corporation.
Bidding has reportedly ramped up to 20 bn yen (about $203m), which exceeds the 15bn yen bids initially planned by Index. The firm filed for bankruptcy in June, and is said to owe debts that total 24.5bn yen.
Bloomberg’s sources claim a deal for Atlus – one way or another – is expected to be finalized by the end of this month.