Line to raise up to $1.05b in dual IPO in Tokyo, New York

Line to raise up to $1.05b in dual IPO in Tokyo, New York

A woman walks past the logo of Line Corp at the company's headquarters in Tokyo, Japan June 2, 2016. REUTERS/Toru Hanai/File Photo

Japanese messaging app operator Line Corp on Friday said it plans to list shares worth as much as $1.05 billion in Tokyo and New York next month, in what would be Japan’s biggest initial public offering (IPO) this year.

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