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Nexon is officially up for sale

Nexon is officially up for sale

Eastern publishing giant Nexon is up for sale.

That's according to a report from Korean news site daum.net - as spotted by Ico Partners' Thomas Bidaux and read via Google Translate, so apologies - which says that Chinese firm is a prospective buyer and has announced it has appointed Goldman Sachs to help with the deal.

Apprarently, there is a forthcoming investment briefing later this year in San Francisco and Hong Kong to facilitate the sale of the 98.64 per cent stake owned by Nexon chief Kim Jung-ju in holding company NXC.

That share is worth around $9bn.

Activision, EA, Disney and Tencent are listed as interested parties.

This follows a report at the start of January about Jung-ju's sale of his stake.

More as this story unfolds. 


Editor - PC Games Insider

Alex Calvin launched PCGamesInsider.biz in August 2017 and has been its editor since. Prior to this, he was deputy editor at UK based games trade paper MCV and content editor for marketing and events for London Games Festival 2017. His work has also appeared in Eurogamer, The Observer, Kotaku UK, Esquire UK and Develop.

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