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Wednesday, September 18, 2019
How-much-is-Nexon

How much is Nexon?

Korea's top gaming firm up for sale Korea’s largest gaming company Nexon is up for grab as its founder Kim Jung-ju strives to sell off a 98.64-percent stake in NXC, the holding company that has 48 percent of Nexon. Late last...
Bidding process of Korean gaming giant delayed twice in May As Nexon founder Kim Jung-ju put up for sale a controlling stake in Korea’s leading gaming company, the bidding process was supposed to take place on May 15. But the process...
Creditors to channel $1.4 billion Creditors of Asiana Airlines will funnel around $1.4 billion into the debt-ridden airline company to help it deal with liquidity problems and speed up its sale, the country’s chief economic policymaker said. The state-run Korea Development...
Does state oil company have too much market power? Few Koreans know much about Saudi Aramco, the oil company headquartered in Saudi Arabia, but the outfit continues to expand its footprint here silently. Early this week, Hyundai Heavy Industries Holdings said...
SK, Hanwha may purchase airline firm Which company will take over Asiana Airlines, which is now up for sale after its owner Kumho Asiana Group gave in to the conglomerate’s main creditor, the Korea Development Bank?  On the lips of observers...
Auto parts maker strives to top $450 mil. in profits In the past, Hanon Systems was a Korean auto parts supplier that relied almost entirely on Hyundai Motor and Kia Motors, the country’s two leading automobile makers. But the Daejeon-based company...
Preferred bidder to be announced soon Liberty Media, which owns Major League Baseball team Atlanta Braves, tried to purchase Korea’s game publisher Nexon, which is currently up for sale, according to a local media outlet. Sources in the investment banking industry...
Chief executives of flag carriers suffer setbacks Heads of Korea’s two flag carriers quit their jobs in two days _ one was ousted, and the other decided to leave the top position amid the uproar over an audit report. Kumho-Asiana Group...
Still, honesty is the best policy From last year, the sale of Oriental Brewery (OB) has been on the lips of observers and journalists. Of note is how OB and owner AB InBev have dealt with the reports. The Korea...
Out of almost 10 contenders seeking to acquire Korean game publisher Nexon, five have seemingly made it to the next round. Citing investment banking sources, Korean media outlets reported that five had been shortlisted. They include Tencent, Kakao, MBK Partners...

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