South Korea's Krafton receives preliminary approval for IPO - Korea Exchange

SEOUL: South Korea's Krafton Inc, the video game holding company that publishes the blockbuster game PlayerUnknown's Battlegrounds (PUBG), has received preliminary approval for its planned initial public offering, the Korea Exchange said on Friday.

Krafton filed for a review of its IPO plans in April.

(Reporting by Heekyong Yang; Editing by Alex Richardson)