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BRIEF-Line Corp to raise 25 pct stake in Snow Corp via private placement
September 29, 2016 / 7:26 AM / a year ago

BRIEF-Line Corp to raise 25 pct stake in Snow Corp via private placement

Sept 29 (Reuters) - Line Corp :

* Says the co to buy about 110,000 new shares of Snow Corp in its private placement, to raise stake in it to 25 percent from 0 percent

* Says Snow Corp is a wholly owned unit of Naver Corp , which is engaged in development and operation of APP, based in South Korea

* Says payment date in mid October

Source text in Japanese:goo.gl/7favOZ

Further company coverage: (Beijing Headline News)

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