GymratAmarillo 6 days ago
| Blood_Tears said: Looks like Tencent increased their shares in Kadokawa today by 1.11% to a total of 7.97%. Sony still remains largest shareholder though at 10.11%. |
My unbiased opinion to that movement is that I wouldn't be surprised if they did that because they know once March ends and the new fiscal year starts Sony will assign a bran new budget for acquisitions and will buy a bigger share of Kadokawa so before that door is closed Tencent bought more to either keep it as they know Kadowaka will grow with the help of Sony or to sell it to Sony for a way higher price when needed.
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