Amazon, Comcast, Electronic Arts make initial bids for gaming major Nexon parent

Amazon, Comcast, Electronic Arts make initial bids for gaming major Nexon parent

Photo: Reuters

Amazon.com Inc, Comcast Corp and Electronic Arts Inc submitted initial bids for the holding firm of South Korea’s biggest gaming firm Nexon, Maeil Business Newspaper said on Wednesday, citing investment banking sources.

Last week, South Korean tech firms Netmarble and Kakao and private equity fund MBK Partners submitted letters of intent to buy the holding firm, NXC Corp, in what could be one of South Korea’s biggest deals, a source familiar with the matter said.

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