The controlling stake in South Korea's biggest game company Nexon may end up in the hands of Walt Disney Co., a report suggested Wednesday.
The anticipated price for the stake to go on sale is 15 trillion won ($13.2 billion), with premiums for business management rights on top of the Nexon Japan share price, which closed up slightly at 1,681 yen ($15) Tuesday, but slid to 1,558 yen as of 1:30 p.m. Wednesday.
The Korean daily JoongAng Ilbo quoted the international banking industry as saying that NXC Chairman Kim Jung-ju personally approached a high-ranking Disney representative to discuss acquisition matters.
Source: http://www.koreaherald.com/view.php?ud=20190417000561
Hot damn, Disney is about to own almost everything. This is going to be extremely huge for the Korean gaming market since Disney is extremely popular there.
Lock if old