Yahoo Japan and Line Corp are planning to merge billions


The deal between the former Yahoo Japan and Line Corp could come this month.

(Photo: AP)

Tokyo Internet company Z Holdings, formerly known as Yahooo Japan, confirms talks on a $ 27 billion merger with Line Corp. Persons familiar with the matter told Reuters that the deal could be made towards the end of the month and that Softbank and Naver Corp. would be equally involved, but Softbank will take the lead.

Yahoo (t) Softbank (t) Z Holdings (t) Line Corp (t) Mergers & Acquisitions M & A (t) Nver


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