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<p>South Korean tech firms<span class="highlight" data-qa-component="highlight-text"> <strong><a href="http://dealstreetasia.com/tag/Netmarble">Netmarble</a></strong> </span>and <strong><a href="http://dealstreetasia.com/tag/Kakao">Kakao</a></strong> as well as private equity fund <strong><a href="https://www.dealstreetasia.com/?s=MBK+Partners">MBK Partners</a></strong> submitted initial bids for acquiring <strong><a href="https://www.dealstreetasia.com/?s=NXC+Corp">NXC Corp</a></strong>, which controls gaming firm <strong><a href="http://dealstreetasia.com/tag/Nexon">Nexon</a></strong>, the Seoul Economic Daily said.</p></article>

Kim Jung-ju, founder of Nexon, is looking to offload a 98.64% stake in NXC in one of South Korea's biggest deals that could be worth as much as $9 billion.

Netmarble, MBK Partners submit bids for Korea's gaming giant NXC Corp

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Netmarble, MBK Partners submit bids for Korea's gaming giant NXC Corp

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PAG names Nikhil Srivastava co-head of private equity

Grammarly bags $1b from General Catalyst to build AI productivity platform

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or log in to continue reading.