TOKYO: The Softbank-owned operator of search engine Yahoo Japan is in talks to merge with messaging app firm Line, a union that would create a group extending from retail to mobile payments in one of the biggest Japanese tech deals of the year.
Z Holdings has a stock market value of about US$17 billion and Line about US$10 billion, according to Refinitiv data.Line said in a statement it was true it is considering ways to improve its corporate value but nothing had been decided as reported in the media.
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