The South Korean government's third attempt to sell its 30.6% stake in Nexon holding company NXC, valued at up to 5 trillion won ($3.8 billion), has failed again due to high pricing and lack of management control, with a new bidding round planned this week.
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Nexon Holding Company Stake Sale Worth 4 Trillion Won Fails Again—Government to Relaunch Bidding This Week

The South Korean government's third attempt to sell its 30.6% stake in Nexon holding company NXC, valued at up to 5 trillion won ($3.8 billion), has failed again due to high pricing and lack of management control, with a new bidding round planned this week.

Yonhap Infomax