31.01.2019

Netmarble has set its sights on buying Nexon. To do this, she will create a consortium of South Korean companies

The publisher ArcheAge and Dragon Nest were put up for sale in mid-January.

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South Korean publisher Netmarble has started to create a consortium. So he will be able to claim a controlling stake in Nexon, which is being sold by its founder Kim Jung Ju.

According to Reuters, the buyer will pay up to $9 billion for 98.64% of Nexon shares. Netmarble, according to an official statement, has been evaluating its capabilities for two months. At the beginning of January, she nevertheless decided to participate in future auctions, wanting to preserve the “tangible and intangible values of Nexon” for South Korea. Netmarble currently controls a quarter of the national mobile gaming market.

Kakao also joined the fight for Nexon from South Korean companies. Of the foreign giants, EA, Activision Blizzard, Disney and Tencent are interested in buying. By the way, Tencent has shares in both Netmarble (17.66%) and Kakao (6.7%).

The new owner of Nexon will be named in October.

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