November 25, 2011

Asian online-gaming operator Nexon has released its pre-IPO prospectus, with intent go public in Japan on December 6. Around $1.3bn is expected to be raised, attributing the company with an approximate market value of between $7 - 8bn. Founded in 1994, the MMOG specialist recently shifted its headquarters from Korea to Japan, and employs over 3,500 staff across its various divisions. The IPO will be overseen by Goldman Sachs, Morgan Stanley and Nomura Securities.

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