IndexCorp 03 Aug

According to Bloomberg, around 20 company’s including Sega have shown interest in bidding on the subsidiaries bankrupt developer Index Corporation is reportedly planning to sell.

According to sources with knowledge of the matter, Index will pick a list of preferred bidders in the next two weeks and is aiming to reach an agreement by the end of August. This week the bid went as high as ¥20 billion (around $201 million).

Index Corporation was investigated on the suspicion that it had falsified financial reports, and filed for Chapter 11 bankruptcy in June.

(via Bloomberg)