And although I wouldn't want them to be bought by anyone, i feel Sony could potentially bring about the return of Chrono Trigger with a remake

Pls no, hopefully nothing happens.

Seeing how CT was never a financial success and Sony is only into big western safe successes with no risks now thanks to Jim Ryan. No thappening.

I'm not sure how reliable they are, but Shpeshal Ed said Sony is one of the interested buyers, while Jez Corden speculates that Microsoft won't buy Square Enix.

Not a throw away comment when he directly addressed it lol, if I was a playstation fan I wouldn't expect anything from Bethesda personally. But weirder things have happened, I mean Gamepass is getting a Sony first party game day one. Interesting times.

OT: SE been selling deals with most their games so why not sell the whole thing lol. I'd prefer if they remained independent but if someone was to acquire them, the more accessible platform is xbox. PC and mobile, and possibly even switch ports in Japan. But Sony clearly has the closest partnership with them. I'd be surprised if a deal actually goes through though. 

Interesting. Also, which insider said that? 

Nah, if I remember correctly Embracer raised 1 billion for new acquisitions this quarter, while Square Enix’s capital worths around 7 billion. Sony could be thrown out of the competition if Microsoft and Tencent go aggressive, like the time with Leyou Technologies. So if SE wants to be bought, it will probably be bought by MS or Tencent. Unless there’s another company we don’t know that wants to acquire them. For example, Amazon has the money and wants to make Luna a competitive service, by making more original content from their Amazon Game Studios. Adding Square Enid’s would accelerate their ambitions. Either way, watching SE become a subsidiary of any company would be weird at first. It is also probably the first time any of these companies will buy a publicly traded gaming studio.

Embracer is not likely. Yes, they acquired a lot of companies, but most of them pretty small. Koch Media and Gearbox are the biggest ones as far as I know.

The other three sound like valid contenders. I think Sony might be outmatched, if MS and Tencent get into a bidding war. But maybe they see Square as that important, that they are willing to put down their reserves.

Nintendo never was involved in stuff like that, at least in this size. They preferred to grow internally. That kinda stings, as I like a lot of Square games on the Switch. While I have no problem with Octopath and Triangle Strategy on other platforms, it is likely the next game will be exclusive to whoever buys them (tencent has Epic Game Store, right?). If Dragon Quest Builders 3 is exclusive to Xbox or PS, I would buy that console.

Interesting, awhile ago Square Enix mentioned something along the lines of a FF7 Remake would have been thier last game, and now after releasing FF7 Remake, the rumours are out of them being brought out.

Throw away is maybe not the right word, but its clear that actual press releases about the acquisition from Xbox should carry far more weight than Phils later comment which was made in far less official capacity, geared towards gamers hive mentality & literally proceeded by him talking about games with legacies on other platforms (All Bethesda's major IPs) being multiplatform. The actual aquisition press release:

"With the addition of the Bethesda creative teams, gamers should know that Xbox consoles, PC, and Game Pass will be the best place to experience new Bethesda games, including some new titles in the future that will be exclusive to Xbox and PC players."

So we will see, but if new Bethesda games arrive on playstation in future that shouldn't be seen as "weird" or surprising when microsoft has more or less said it will happen at multiple opportunities. It also mimics exactly how they have managed their only other huge acquisition (minecraft).