Line Raises IPO Price Range to Meet Strong Demand - News Summed Up

Line Raises IPO Price Range to Meet Strong Demand


Line raised its price range to ¥2,900 to ¥3,300 ($28.50-$32.50) a share, from ¥2,700 to ¥3,200 previously. TOKYO—Japanese messaging-app operator Line Corp. on Monday revised up its price range for an upcoming initial public offering to raise as much as 115.5 billion yen ($1.12 billion), citing strong demand. Line is aiming for a dual listing in Tokyo and New York on July 14 and 15 in what is expected to be the largest technology...


Source: Wall Street Journal July 04, 2016 08:37 UTC



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