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Recent rumors surrounding Tencent’s interest in The Finals and The First Descendent publisher Nexon aren’t exactly as they ...
Tencent previously tried to buy Nexon in 2019, but talks collapsed over pricing. This new attempt follows Tencent’s $1.3 billion investment in a new Ubisoft unit and a 10% stake in K-pop label ...
Tencent Holdings is reportedly exploring a potential acquisition of Nexon to bolster its gaming operations. The Chinese company has initiated discussions with the family of Nexon’s late founder ...
Tencent, which scored one of its biggest successes of the past year with Nexon-produced game Dungeon & Fighter Mobile, is on the prowl for globally resonant content to fuel what it calls ...
The deal could help Tencent secure long-term control over popular intellectual property and expand its presence in the South Korean gaming market.
Tencent already holds stakes in major Korean games companies like Krafton, Netmarble, SM Entertainment and Webzen. It also has a significant 40% stake in Shift Up. An acquisition of Nexon would not ...
Nexon, listed in Japan, is valued at around $15 billion. Complications from inheritance-related ownership and a partial stake held by the South Korean government could impact the outcome. Tencent ...
Nexon (NEXOF) shares jumped 10% in Tokyo following a Bloomberg report that Tencent Holdings (TCEHY) (TCTZF) is exploring a potential acquisition of the gaming company to strengthen its position in ...
Tencent Holdings Ltd. is studying a potential deal for Nexon Co., as the Chinese internet giant looks for ways to bolster its lucrative gaming operations, people with knowledge of the matter said.
Meanwhile, as news of Tencent's acquisition review of Nexon spread, Nexon Games' stock price soared in the domestic market. It closed at 15,240 won, up 11.08% from the previous trading day, and ...
South Korea is moving to offload its 4.7 trillion won ($3.46 billion) stake in NXC Corp., the holding company of game ...
It's thought Tencent is looking for "evergreen" franchises with established communities and strong revenue potential. Neither Tencent nor Nexon has opted to comment publicly on the plans thus far.
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