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Singapore fund manager says Line tender offer price is too low
Singapore money manager Metrica Partner has came out against SoftBank Group. and Naver’s tender offer for messaging app Line.
September 16, 2020
Company in the news
SoftBank, Naver to take Line private through squeeze out
Founder Masayoshi Son wants to combine his Yahoo Japan internet business with Line to create a national champion.
September 16, 2020
Startups, Entrepreneurs, Digital economy
Carousell reaches US$900 million in valuation following Naver funding
Mirae Asset-Naver Asia Growth Fund and NH Investment & Securities are the other investors in the US$80 million deal.
September 15, 2020
M&A
Singapore fund manager thinks JPY5380 Line tender is "very low"
SoftBank and Naver should offer at least 7,000 yen ($89.99) a share, Metrica Partners Pte said.
September 04, 2020