Source: Tencent not considering acquiring Nexon

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PANews reported on June 13 that regarding the news circulating in the gaming circle that "Tencent plans to acquire Nexon", a source close to Tencent revealed that "Tencent has not contacted the founder's family to discuss a deal, nor has it considered acquiring Nexon." Earlier media reports said that Tencent is studying the acquisition of South Korean game developer Nexon at a valuation of US$15 billion (equivalent to RMB 107.7 billion) and has contacted the founder's family.

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