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Stock Market & Financial Investment News

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February 25, 2014
06:11 EDTSFTBFSoftbank wants stake in Line Corp., Bloomberg reports
SoftBank Corp. wants to buy a stake in Line Corp., based in Tokyo, the mobile-messaging service controlled by South Korea’s Naver Corp., sources say, reports Bloomberg. Line has received at least one other offer for all or some of the company, slowing its preparations for an IPO, sources added. Line may be valued at as much as $14.9B, according to BNP Paribas estimates. Reference Link
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