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,

Kadokawa Corporation, Elden Ring developer FromSoftware's majority owner, has acknowledged takeover interest from Sony, but says no decision's been made.

FromSoftware’s parent company Kadokawa has released a statement, confirming the acquisition report.The statement as you can see above confirms that Sony Group has indeed expressed their desire to acquire the company,