Government's Nexon stake sale could significantly impact 2025 budget
A 29.3 percent stake in NXC, the holding company of gaming giant Nexon, is poised to impact Korea’s national budget for next year. The government, which currently holds the stake and plans to sell it, has already factored in an additional 3.7 trillion won ($2.65 billion) in projected 2025 revenues, assuming the sale is completed within this year.
Nov 26, 2024By Nam Hyun-woo