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Square Enix sells its western studios and hits such as Tomb Raider for $300m

Japanese gaming company behind Final Fantasy series secures deal with Sweden-based Embracer

The Japanese gaming company behind Final Fantasy is selling off three studios, including the rights to hit franchises including Tomb Raider, in a $300m (£240m) deal.

Tokyo-based Square Enix has sold US-headquartered Crystal Dynamics and Canada-based Eidos Montreal and Square Enix Montreal to the Nasdaq-listed Swedish gaming group Embracer.

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