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Naver

Tech

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.

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.

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.

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.
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