Line sets IPO range at JPY 2,700-3,200 per share

(Telecompaper) Japanese mobile messaging provider Japanese Line has set its price range for an initial public offering (IPO) in Tokyo and New York next month at JPY 2,700-3,200 (USD 26.50-31.50) per share, the Wall Street Journal reported. The IPO could raise up to JPY 112 billion, making it the biggest technology listing so far this year.