Tencent, Kakao said to be among shortlisted bidders for Korean gaming firm Nexon

Tencent, Kakao said to be among shortlisted bidders for Korean gaming firm Nexon

FILE PHOTO: Logos of online gaming firm Nexon are seen at its main office building in Seoul, December 14, 2011. REUTERS/Kim Hong-Ji

Chinese tech giant Tencent and South Korea’s biggest chat operator Kakao Corp are among five bidders shortlisted to buy South Korean gaming firm Nexon, the Korea Economic Daily newspaper reported on Monday.

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.

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