Deals
Netmarble Seeks as Much as $2.4 Billion in IPO for Gamemaker
- A successful IPO could be South Korea’s biggest since 2010
- Game publisher’s titles include Lineage 2 Revolution
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Netmarble Games, South Korea’s largest maker of mobile phone games, filed to raise as much as 2.7 trillion won ($2.4 billion) in an initial public offering.
The company will sell 17 million shares at 121,000 won to 157,000 won apiece, Seoul-based Netmarble said in a filing Monday. Final pricing will be announced on April 24. At the top price, a successful IPO would value Netmarble at about 13.3 trillion won.