Kakao Games eyes W384bn from long-awaited IPO

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By Jonathan Breen
04 Aug 2020

South Korean game developer Kakao Games is set to list in September for up to W384bn ($323m), reviving the deal two years after dropping its initial IPO plans.

The company, an arm of Korean internet conglomerate Kakao Corp, delayed going public in September 2018 to focus on its core business strategy. It revived its listing plan earlier this year, winning approval from the Korea Exchange in July.

Kakao Games is floating 16m primary shares ...

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