Overview

• Tencent has opened discussions with the Kim family to explore acquiring NEXON, whose market value stands near $15 billion.
• Kim’s wife and daughters control about 67.6% of NXC Corp., which holds 44.4% of NEXON and would be central to any deal.
• No definitive structure or timeline has been agreed, and there is no certainty that negotiations will produce a transaction.
• NEXON’s portfolio includes MapleStory, Mabinogi and Dungeon Fighter Online, the latter generating more than $22 billion in lifetime revenue.
• Tencent previously pursued NEXON in 2019 but abandoned talks over pricing disagreements.