Chinese conglomerate Tencent is sizing up South Korean developer Nexon (Dungeon & Fighter) as a potential acquisition target, reports Bloomberg (one-week gift link). This is a rumor attributed to "people with knowledge of the matter," and there's a caveat that it may lead to nothing: "It’s unclear how receptive NXC is to a sale of the Nexon holding, and there’s no certainty Tencent’s deliberations will lead to a transaction, the people said. The structure of any deal hasn’t been finalized, they added." Word is Tencent is in contact with the family of the company's late founder to explore a deal:
Tencent Holdings Ltd. is studying a potential deal for Nexon Co., as the Chinese internet giant looks for ways to bolster its lucrative gaming operations, people with knowledge of the matter said.
Shenzhen-based Tencent has reached out to the family of Nexon’s late founder Kim Jung-ju to discuss the possibility of an acquisition, the people said, asking not to be identified because the information is private. Kim’s family has been speaking to advisers and evaluating options, according to the people.