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South Korea's Krafton, maker of hit game PUBG, tumbles on debut

SEOUL/HONG KONG - Shares in Krafton Inc, the Tencent Holdings-backed South Korean company behind blockbuster video game PlayerUnknown's Battlegrounds (PUBG), fell as much as 20 per cent on their trading debut on Tuesday (Aug 10). Analysts attributed the share tumble of South Korea's second-largest IPO to an expensive valuation and China regulation risks, with gaming companies facing uncertain prospects after...
Soult Ukpyolsi South Korea South Korean Douglas Kim Mio Kato Lg Energy Solution

South Korea's Krafton, maker of hit game 'PUBG', tumbles on debut

SEOUL/HONG KONG : Shares in Krafton Inc, the Tencent Holdings-backed South Korean company behind blockbuster video game "PlayerUnknown's Battlegrounds" (PUBG), fell as much as 20per cent on their trading debut on Tuesday.Analysts attributed the share tumble of South Korea's second-largest IPO to an expens
Soult Ukpyolsi South Korea South Korean Scott Murdoch Douglas Kim Mio Kato

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SoftBank shares slide after US$23 billion buyback scheme not extended

SoftBank shares slide after US$23 billion buyback scheme not extended Toggle share menu Advertisement SoftBank shares slide after US$23 billion buyback scheme not extended SoftBank Group Corp shares slid 6per cent in early trading on Thursday after the conglomerate declined to extend its buyback programme, removing support for the stock as concern over frothy portfolio valuations outweighed record earnings. FILE PHOTO: The logo of SoftBank Group C...
Christopher Cushing Sam Nussey Mio Kato Edwina Gibbs Alibaba Group Holding Ltd Lightstream Research

Japan's Toshiba considers $20 bln take-private deal - source

BusinessJapan’s Toshiba considers $20 bln take-private deal - source ReutersMakiko Yamazaki 1/3 A reporter raises his hand for a question during a Toshiba news conference at the company headquarters in Tokyo, Japan June 23, 2017. REUTERS/Issei Kato Read More Toshiba Corp (6502.T) is considering a $20 billion offer from private equity firm CVC Capital Partners to take it private, a person familiar with the matter said, as the Japanese industrial conglomerate faces pressure from activist sh...
Katsunobu Kato Yoshiaki Fujimori Asia Pacific Nobuaki Kurumatani Mio Kato Takuro Hayashi

Toshiba : Japan's Toshiba considers $20 billion take-private deal - source

Message : Required fields TOKYO (Reuters) - Toshiba Corp is considering a $20 billion offer from private equity firm CVC Capital Partners to take it private, a person familiar with the matter said, as the Japanese industrial conglomerate faces pressure from activist shareholders to improve governance. The proposed deal, which comes three weeks after shareholders approved an independent probe into the scandal-hit company, could shield managers, particularly Chief Executive Nobuaki Kurumatani...
Hong Kong Tim Kelly Manojna Maddipatla Katsunobu Kato Kane Wu Nilanjana Basu

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