S.Korea's Netmarble partners with China's Tencent for Nexon holding company bid - Korea Economic Daily

Netmarble

07/02/2019 10:25

SEOUL, Feb 7 (Reuters) - South Korean gaming firm Netmarble
Corp  251270.KS  is partnering with Chinese tech giant Tencent
Holdings  0700.HK  to bid for the company that controls South
Korea's Nexon  3659.T , the Korea Economic Daily newspaper
reported on Thursday. 
    Kim Jung-ju, founder of Nexon, the country's biggest gaming
company, plans to sell a 98.64 percent stake in NXC Corp held by
himself and related parties including his wife, the newspaper
reported last month.  urn:newsml:reuters.com:*:nL3N1Z302N
    Netmarble said in late January that it will form a
consortium to bid for Nexon.  urn:newsml:reuters.com:*:nL3N1ZV1PA

 (Reporting by Heekyong Yang; Editing by Jan Harvey)
 ((Heekyong.Yang@thomsonreuters.com; +82 2 3704 5647; Reuters
Messaging: heekyong.yang.thomsonreuters.com@reuters.net))