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Games firm Netmarble to raise $2.35B in Korea’s largest IPO since 2010

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Netmarble, one of the world’s top mobile and PC gaming firms, has filed to raise as much as $2.35 billion (2.66 trillion won) through an IPO in its native..
Netmarble , one of the world’s top mobile and PC gaming firms, has filed to raise as much as $2.35 billion (2.66 trillion won) through an IPO in its native Korea.
The firm said in a filing [ in Korean ] that it will issue 16,953,612 new shares priced between 121,000-157,000 KRW each (that’s approximately $108-$140) with a view to raising up to 2.66 trillion won ($2.35 billion). A listing in that price range would give the company a valuation that’s just shy of $12 billion, not to mention it would represent Korea’s most lucrative listing since 2010.

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