Line could raise $1.3bn when it goes public

LLine has set the price of its IPO at 3,330 yen per share, meaning it could raise as much as $1.3bn when it goes public.
According to Channel NewsAsia this lies at the top end of an amended pricing range, as the company bumped up its original suggestion of 2,700-3,200 yen to 2,900-3,300 yen in a filing with the Japanese finance ministry last week.
The setting of the higher price and the amendment to its original range was a response to demand, with many suggesting that the IPO could be one of th