HONG KONG/SEOUL (Reuters) - Krafton, the company behind blockbuster video game PlayerUnknown's Battlegrounds (PUBG), will launch its IPO early next week in what could be South Korea's largest listing in 11 years, people familiar with the matter said.
The Tencent-backed company aims to raise at least US$5 billion in the initial public offering (IPO) by selling 20% of its shares, one said after the Korea Exchange announced that Krafton had preliminary approval for its planned listing.
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
