Tencent, Kakao among shortlisted bidders for South Korean gaming firm Nexon: Korea Economic Daily

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Tencent, Kakao among shortlisted bidders for South Korean gaming firm Nexon: Korea Economic Daily
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Chinese tech giant Tencent and South Korea's biggest chat operator Kakao Co...

FILE PHOTO: A sign of Tencent is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China, Dec. 3, 2017. REUTERS/Aly Song/File Photo

The newspaper said NXC Corp, the holding firm which controls Nexon, also had shortlisted private equity firms Bain Capital and MBK Partners, as well as an unidentified private equity firm. The deal could worth as much as 15 trillion won and the formal bid process was set to take place in early April, it added.

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