PUBG Creator Krafton Hires Bankers for Possible Record IPO

Krafton Inc., the company behind the hit mobile game PlayerUnknown’s Battlegrounds, said it hired Mirae Asset Daewoo to lead an initial public offering planned for next year, in what could be South Korea’s largest ever debut.

The company plans to accelerate its stock offering plans and has also hired Credit Suisse Group AG, Citigroup Inc. and JPMorgan Chase & Co., the company said. The country’s Kakao Games Corp. went public last month and more than tripled in its first two days of trading.