Nexon invests $874 million in Hasbro, Bandai Namco, Konami, and Sega Sammy
Nexon, the Tokyo-based maker of Maplestory and different on-line video games, has invested $874 million in Hasbro, Bandai Namco, Konami, and Sega Sammy.
Nexon mentioned it has made an unrealized acquire of $279 million on the long-term investments, but it surely has no intention of buying the businesses or making activist shareholder proposals with the investments.
Nexon made different investments as nicely, however the quantities didn’t meet the corporate’s threshold for disclosure.
In 2020, Nexon’s board licensed as much as $1.5 billion for funding in leisure firms that show the flexibility to develop and maintain sturdy globally acknowledged mental property.
