Line Corp received no stake purchase offer from SoftBank: Li

Home Forums Line Corp received no stake purchase offer from SoftBank: Li

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    Anonymous

    Technology News

    Idezawa, chief operating officer of Line Corp, attends an announcement of its new service in TokyoTOKYO (Reuters) – Line Corp, a Japan-based mobile messaging service operator, has not received an offer for a stake purchase from SoftBank Corp, the company's chief operating officer said on Wednesday. Shares in SoftBank and in Line's South Korean parent company, Naver Corp, surged on Tuesday after a Bloomberg News report that SoftBank and Line had held talks on a stake sale. Line and Naver both denied that talks had taken place. …


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