January 31, 2018 / 7:15 AM / 7 months ago

BRIEF-Line unit says business and capital alliance with SoftBank Group

Jan 31 (Reuters) - Line Corp

* Says Tokyo-based unit, which is mobile virtual network operator, plans to form business and capital alliance with SoftBank Group Corp

* SoftBank Group Corp will acquire new shares of the Tokyo-based unit

* Says two entities will mainly cooperate on promotion of MVNO business

* Other details remain to be decided later

Source text in Japanese:goo.gl/8mWwzG

Further company coverage: (Beijing Headline News)

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