[New post] Naver putting off Line IPO timing decision until markets improve: CFO

sskarthik posted: "By Joyce Lee SEOUL (Reuters) - South Korea's largest web portal operator Naver Corp won't decide on when to IPO its messenger app service unit Line Corp [IPO-LINE.T] until its earnings and market conditions improve, Naver's CFO said on Frid" Respond to this post by replying above this line New post on SKarthik.info Naver putting off Line IPO timing decision until markets improve: CFO by sskarthik By Joyce Lee SEOUL (Reuters) - South Korea's largest web portal operator Naver Corp won't decide on when to IPO its messenger app service unit Line Corp [IPO-LINE.T] until its earnings and market conditions improve, Naver's CFO said on Friday. Hwang's comments were in answer to questions prompted by a Wall Street Journal report on Thursday that said that Japan-based Line had scrapped its plans for an initial public offering (IPO). Documents for Line's IPO continue to be under review by authorities in both the United States and Japan, CFO Hwang In-joon told Reuters, but said markets were currently too volatile to give a timetable for the listing. Read more... sskarthik | August 28, 2015 at 12:05 pm | Categories: Computers and Internet | URL: http://wp.me/p1eKZE-3hmx Comment    See all comments Unsubscribe to no longer receive posts from SKarthik.info. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://sskarthik.wordpress.com/2015/08/28/naver-putting-off-line-ipo-timing-decision-until-markets-improve-cfo/ Thanks for flying with WordPress.com