22 C
Seoul
Wednesday, May 27, 2020
Comcast Corporation, the No. 2 broadcasting and cable TV company in the world, keeps an eye on Korea to find new revenue sources. The Philadelphia-based cable giant reportedly took part in the heated competition to acquire Nexon, a highly successful...
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...
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...
Defense company strives to beef up competitiveness via M&A deal Hanwha Aerospace, a major affiliate of Hanwha Group, has funneled $300 million to gobble up EDAC Technologies, a U.S. aircraft engine component manufacturer. Hanwha Aerospace recently said that it signed the...
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...
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...
Three Asian tech titans and several other players are striving to take over Nexon, a very successful and highly profitable game developer and publisher, which is up for sale. The three are Tencent from China and Kakao and Netmarble from...
Regulatory hurdles deter M&A deal of MBK Partners This year, there were two big acquisition deals in the country’s pay-TV industry. LG Uplus took over CJ HelloVision, and SK Telecom gobbled up T Broad. The two contracts now wait for...
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...

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