CD PROJEKT President Adam Kiciński says his company is not for sale nor the target of a buyout. The fallout from Cyberpunk 2077 has cost the developer dearly, prompting refunds and legal troubles. This led to a research firm suggesting back in January that the company could become the target of a buyout or hostile takeover. Kiciński clarified that CD PROJEKT will not be changing hands in a recent interview.
“We have been repeating for years that we plan to remain independent and do not plan to become part of a larger entity. We are also not looking for a strategic investor.”
In regard to a possible takeover, he explained the company has provisions in its articles of association that would “make enemy takeover much more difficult.” CD PROJEKT expanded in 2021 by acquiring Digital Scapes and The Molasses Studios. Kiciński does not rule out further acquisitions and said they “strengthen development teams and obtain additional support in the implementation of our strategy.”
Kiciński also discussed the lawsuit from U.S. investors.
“In August, we filed a motion to dismiss, in which we commented on the charges presented in the lawsuit. In the next steps, the plaintiff’s representative referred to our request, and then we referred to his letter – these are standard steps in this type of proceedings in the United States.”
Source: Rzeczpospolita (via VGC)