Asia Unhedged | Game publisher Netmarble files Korea’s biggest IPO since 2010
Photo: Reuters, Kim Hong-Ji
Photo: Reuters, Kim Hong-Ji
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Game publisher Netmarble files Korea’s biggest IPO since 2010

The company filed to raise up to US$2.35 billion

March 20, 2017 10:37 PM (UTC+8)

Seoul-based Netmarble, one of the world’s top mobile and PC gaming publishers, has filed to raise up to US$2.35 billion (2.66 trillion won) in South Korea’s biggest IPO since 2010, according to TechCrunch. The firm said in a local filing that it’s issuing 16,953,612 shares priced between 121,000-157,000 won each or about US$108-US$140 per share. The stated price range would give Netmarble a valuation just short of US$12 billion.

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