Deals
Nexon Founder Said to Shelve $13 Billion Game Developer Sale
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Nexon Co.’s founder has shelved a sale process for his stake in the $13 billion Asian game developer, people with knowledge of the matter said.
South Korean billionaire Kim Jung-ju couldn’t reach an agreement on price with suitors, according to the people, who asked not to be identified because the information is private. Kim owns nearly half of Tokyo-listed Nexon through his holding company NXC Corp.