Simpson Thacher Represents Underwriters in Dual-Listed Initial Public Offering of LINE Corporation
The Firm represented the underwriters, led by joint global coordinators Morgan Stanley, Nomura Securities, Goldman Sachs and J.P. Morgan, in the initial public offering of LINE Corporation. A total of 35,000,000 shares of common stock were sold in the global offering, including 22,000,000 shares (deliverable in the form of shares or American Depositary Shares (ADSs)) in an international offering, including the United States, and 13,000,000 shares sold as part of a domestic Japanese offering.