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Krafton, the creator of the popular Player Unknown Battleground’s video game known as Pubg, has announced that it has agreed with Mirae Asset Daewoo to carry out the IPO, which will be the largest in South Korea, which they plan to take next year.
In the statement made, Credit Suisse Group AG, Citigroup Inc. aimed to accelerate the company’s public offering plans. and JPMorgan Chase & Co., reportedly.
According to reports from South Korean media, other Korean gaming companies Netmarble Corp. and NCSoft Corp, it is claimed that Krafton’s valuation could be as high as $ 26 billion. This makes Krafton the largest company in South Korea.
Krafton is the Chinese tech giant Tencent Holdings Ltd., which holds the second largest stake in the company in 2018.
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