South Korean video games agency Nexon is outwardly now not up on the market.
As reported by The Korea Financial Day by day, the mega company’s sale has been cancelled as a result of an absence of bidders who may really afford the Korean large. The deadline for bids was pushed again twice to Might 24th, too.
A 98.64 per cent stake within the firm was put up on the market at the beginning of 2019 as founder Jungju Kim and his household appeared to exit its holding firm. This slice of Nexon is value within the area of ₩10 trillion ($9 billion).
Plenty of curiosity
Since this stake within the Korean video games large was put up on the market, Nexon has had quite a lot of curiosity from corporations together with Chinese language tech and leisure behemoth Tencent, fellow Korean corporations Kakao and NetMarble.
There have been additionally studies of US web retailer Amazon, telecoms agency Comcast and publishing large EA getting into the fray.
CEO Kim reportedly approached The Walt Disney Firm to bid however the home of mouse was seemingly not .