South Korea's Naver says it has not decided about future of LY Corp stake

LY

03/05/2024 01:56

SEOUL, May 3 (Reuters) - South Korea's Naver  035420.KS 
said on Friday it will consider its stance on a potential
selldown of a stake in LY Corp  4689.T  from a mid-to-longer
term business point of view.
    The tech firm has not decided on a position about the
Japanese government's administrative guidance concerning the
stake, Naver said in an earnings call. 

 (Reporting by Joyce Lee; Editing by Muralikumar Anantharaman)
 ((joyce.lee@tr.com;))