Line Corp. is hoping to achieve a dual-listing in New York and Tokyo before the summer, said an International Financing Review report on Friday citing unnamed sources familiar with the deal. Line runs a messaging app and is owned by South Korean Internet company Naver Corp. The initial public offering, which could raise between $2 billion and $3 billion, is likely to be a dual-listing on the Tokyo Stock Exchange and on either the New York Stock Exchange or Nasdaq, IFR’s sources said.
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