BlockBeats News: On June 12th, according to Bloomberg citing informed sources, Tencent Holdings Limited is studying a potential deal to acquire South Korean gaming company Nexon. Currently, it has contacted the family of Nexon's late founder Kim Jong joo to discuss the possibility of acquisition. It is reported that the Kim family is discussing and evaluating various options with advisors.
According to informed sources, it is currently unclear to what extent NXC is willing to sell its stake in Nexon, and there can be no guarantee that Tencent's negotiations will lead to a transaction. The specific transaction structure has not yet been finalized. Tencent representatives did not respond to requests for comment, and both Nexon and NXC declined to comment.
It is reported that Nexon, known for role-playing games such as "MapleStory", was founded in 1994 and completed its largest technology IPO in Japan in 2011. Its Tokyo listed stock has risen by over 10% this year, with a market value of approximately $15 billion. Tencent attempted to acquire Nexon in 2019 but was unsuccessful. The two had jointly developed Tencent's important revenue generating game, Dungeon&Fighter.
