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

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
Reuters
Reuters

Updated: 1:03pm, 9 Jul, 2019

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