South Korean publisher Netmarble wants to buy one of its biggest local competitors Nexon and is putting together a consortium to make a bid that could be worth as much as $9 billion.
Nexon is effectively up for sale after its founder and controlling stakeholder put his shares up for sale. The holding company owns a 98.64 per cent stake in the publisher, worth around $9bn.
Reuters reports that Netmarble, which publishes games such as Marvel Contest of Champions and Lineage 2: Revolution, said it had considered the acquisition for two months before putting a purchase plan into action a month ago.
The full story is over on PocketGamer.biz
Comments
Login to to leave a comment Or click here to register
Forgot password?
Password Reset
To reset your pass, please enter your email below and submit. Your new password will then be emailed to you.
You can change this pass at any time on the "edit profile" link when logged in.
Got your password?