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Report: Nexon In Talks To Be Taken Over By Disney

by Suriel Vazquez on Apr 20, 2019 at 03:19 PM

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Korean PC and Mobile game company Nexon could be the next to fall under Disney's enormous and ever-growing banner, according to a new report.

Korean newspaper The Central Times says that, according to "the international banking industry," NXC (Nexon Korea and Japan's holding comapany) Chairman Jung-ju Kim, who, along with his wife own a majority share (98.64 percent) of NXC, has approached a "high-ranking Disney representative" (translation via The Korea Heraldto have Disney acquire the company. The company is anticipated to sell for around $13.2 billion.

Kim has been looking to sell his stake in the company since January, and while other companies were shortlisted to buy it, Kim in 2015 was quoted as lauding Disney for its business practices in 2015, comparing them to how "some people hate Nexon to death."

Nexon, along with publishing the MapleStory series around much of the world, is also responsible for maintaining several popular PC games in Korea, including Final Fantasy XIV, Counter-Strike Online, Dungeon Fighter Online, Battlerite, and more.

[Source: The Central Times via The Korea Herald]