Few bidders have the financial capability to buy Nexon with its high price tag, an analyst has said. Photo: Reuters

Korean video games firm Nexon fails to draw bid from Tencent, scraps deal potentially worth US$16 billion

  • Gaming giant Tencent’s participation seen as key to any deal, since it owns exclusive China licence for Nexon’s most successful game
  • Bids from Kakao and MBK Partners fell short of Nexon’s expectations
Topic |   Tencent

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Few bidders have the financial capability to buy Nexon with its high price tag, an analyst has said. Photo: Reuters
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