South Korean firm Nexon's parent said to delay bidding for stake sale

South Korean firm Nexon's parent said to delay bidding for stake sale

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

The parent of top South Korean gaming firm Nexon Co Ltd has delayed the bidding process scheduled this week for its controlling stake in the company, two sources familiar with the matter told Reuters, sending its shares sharply lower.