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Tencent says reports of its interest in Nexon, Kakao's mobility unit are untrue

Tencent says reports of its interest in Nexon, Kakao's mobility unit are untrue

Reuters6 hours ago

SHANGHAI, June 18 (Reuters) - Tencent said reports that it is studying deals for Nexon (3659.T), opens new tab and Kakao's (035720.KS), opens new tab mobility unit are untrue.
The Korea Economic Daily reported on Wednesday that Tencent was interested in buying a 40% stake in Kakao's mobility unit from financial investors.
Bloomberg reported last week that Tencent was studying a deal for $15 billion South Korean game developer Nexon.

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