LY completed the acquisition of minority stake in Line Man from GIC.

Synopsis

LY, a Japanese technology company, completed the acquisition of minority stake in Line Man, a Thailand-based on-demand services and digital solutions operator, from GIC, a sovereign wealth fund established by the Government of Singapore. Financial terms were not disclosed.

Principals

target

Line Man

bidder

Ly Corporation

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Market Context

MergerLinks - LY completed the acquisition of minority stake in Line Man from GIC.