Sony reportedly in talks to acquire Kadokawa, FromSoftware parent company

Sony is reportedly in talks to acquire Kadokawa Corp., a major Japanese publisher known for its manga, anime, and gaming IP, including a majority shareholding in developer FromSoftware. The deal could close in weeks, per Reuters. Sony declined to comment, while Kadokawa say "nothing has been decided at this moment." Bandai Namco shares fell sharply amid speculation.