Leyou Technologies Halts Trading Ahead of Possible Sony Takeover

Fun fact: Until August 2016 this company had been operating a chicken business along their gaming business. Talk about a diverse portfolio.

I'm still not sure about this one. I think there are other companies that would be a better fit at Sony

@LiamCroft Is this a hostile takeover or is Sony going through the proper channels?

Sony can do better than that.its like when you always have a pretty girls and you bring one that not attractives and now your friends and family telling you yo can do better.go after bluepoint games.kojima.remedy.about wb.spiders will be nice.or asobo studios.word ☝ up son

@KisekiFan7 Going through the correct channels, of course.

If Sony are looking to increase their multiplayer presence they could do much worse than Digital Extremes, they're a solid dev with loads of experience in MP games. It'll be interesting to see how this plays out.

I think this is a good acquisition if they got it they will get Digital Extremes (a solid Multiplayer Dev) Splash Damage ( co-developed the MPs in Gears and Halo ) and other more studios ( I think there are 6 studios ) and Leyou also owns 80% of SNK Playmore ( which means KoF and Samurai Showdown are probably PS5 Exclusives since PS is lacking Exclusive Arcade fighters ) If Sony wants to establish a multiplayer presence this is a solid acquisition since Bungie are probably have no interested in being locked in a console or publisher

Xbox need exclusives, let them have it.

@playstation1995 Spiders has already been acquired last year by another publisher, Nicon, IIRC. Kojima would be a nice addition, though.

Most likely Tencent but what is clear Sony are making moves and have cash to spend.

"Leyou Technologies Halts Trading Ahead of Possible Sony Takeover"

Nope.

https://www.cnbc.com/2020/07/10/tencent-in-exclusive-talks-to-buy-hong-kong-gaming-firm-leyou.html

@markzzbr I'm guessing you skipped on reading the entire article and the word "possible" in the headline?

@KisekiFan7 do you know what a hostile takeover is?

If it was a hostile take over we would be hearing of Sony buying other people’s’ stock until they get a majority stakeholder position and then initiate a board takeover...

@markzzbr I’m guessing you’re unaware that there are usually more than one set of interested parties... and as Liam said, maybe read the article.

Edited for iPhone autocorrect crap 😂

@markzzbr the press release is from the 10th of July (edit: which is today, so in other words when he wrote this article it likely wasn’t even out yet) and is by no means a complete deal.

“ As at the date of this announcement, negotiations are still in progress and there is no certainty (a) as to the terms of the Possible Privatization and (b) that the Possible Privatization will proceed or that it will result in a binding agreement. There is no assurance that any negotiations mentioned in this announcement will either materialize or eventually be consummated and the negotiations may or may not lead to a possible acquisition and privatization of the Company.

Shareholders and potential investors of the Company should be aware that the Possible Offer and/or the Possible Privatization may or may not proceed. Shareholders and/ or potential investors of the Company are advised to exercise caution in dealing in the securities of the Company.”

Meaning if in three months they don’t come to an agreement Sony then has a chance to buy them.

@RazielReaper. Definitely sony needs to buy a lot of studios.they definitely got the money for that.word up son

Confirmed now to be Tencent

@LiamCroft "I could say "i am guessing", but, no, I am sure you have read the entire entire article and still is unable to accept the truth: wether you like it or not, nothing Sony or anyone else can do for at least a quarter can stop these advanced conversations, bro. The stock market suspension implies that Tencent came in with the best offer and the deal is nearly done. It's more about the formal terms, paying in cash/stock, timing and various approvals at this point. Accept and move on, dude! 😂

@MarcG420 Oh, I've read the article and understood it completely, as opposed to you, who can't accept the truth.

I will repeat what I have just said above, dude: wether you like it or not, nothing Sony or anyone else can do for at least a quarter can stop these advanced conversations, bro. The stock market suspension implies that Tencent came in with the best offer and the deal is nearly done. It's more about the formal terms, paying in cash/stock, timing and various approvals at this point. Accept it and have peace! 🤣

@markzzbr Mark, I didn't just read the article, I wrote it.

@LiamCroft Liam, I am talking about the MSNBC article, "genius".
Bye!

What are these Xbox exclusives? Are they still in development? Don't want another Crackdown 3 where some technology is lost, like epic buying that cloud company they were going to use for building destruction.

Sony could outbid tencent, but at a certain point should back off. Let's see what happens.

@markzzbr I read and quoted from the source of the article (The press release from the company). I wasn’t arguing against the fact that for the next three months (or when either side backs out of the potential deal completely [which happens all the time btw]) Sony is locked out of the negotiations. There is, however, No deal in place. Refer to what I quoted directly from the release for proof of what I said.

https://www1.hkexnews.hk/listedco/listconews/sehk/2020/0710/2020071000536.pdf

I don’t need to rely on others’ understanding of press releases unlike some others 🙄

Edit: as to your “ Oh, I've read the article and understood it completely, as opposed to you, who can't accept the truth.” comment, please do elaborate how I led you to believe I had read and not understood the article and am not able to accept the truth.

I quoted directly from the press release for my reply to you. “Genius”

@Caliburn08 Thankfully, the SNK part might not be true.here is a link:https://www.eventhubs.com/news/2020/jul/05/sony-may-not-have-their-sights-set-purchasing-snks-parent-company-after-all/.

I know,some of you may feel uncormfortable, but i really do not want sony touching mai,or even iroha.

Hong has been fully infiltrated by mainland China! There's ZERO chance a Hong Kong company will be acquired by anyone other than an evil Communist Chinese company like Tencent!

Looks like Sony has lost.

@rachetmarvel They gonna get censored much further anyway by the Chinese Gover-- I mean Tencent so what's the point

@Caliburn08 But,they have not been censored ,by Tencent's,since they are not,actually hands on,on what SNK created (I mean SNK released,angel,mai,Leona in kof and iroha,mina,darly in samsho 2019),and there is no way in hell,that sony will ever use mai,as a promotion material, which I am not angry about , since I understand them from a marketing point of view.

But to compare, Tencent's which ,only holds a share in the company(and to my suprise,they actually hold a share in allot of gaming companies),to sony,which are always hands on -on there first party games,in terms of representation,is quite absurd ,so good day to you sir 🧐.