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Line plans IPO in Tokyo in July - report
2016-06-02 13:32:00| Telecompaper Headlines
(Telecompaper) Messaging app Line is planning an initial public offering in Tokyo in July, people familiar with the matter told the Wall Street Journal. In what may be also a dual listing in New York, the company is expected to raise USD 2-3 billion and attract a valuation of over USD 5 billion, the report said. Line and its Korean parent company Naver said nothing has been decided about an IPO.
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Category:Telecommunications
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