TOKYO (Reuters) -Japan’s PayPay Corp has applied to list American depositary shares in the United States, its parent SoftBank Corp said on Friday.
The exact schedule, size and price for the public listing have yet to be determined, SoftBank said in a statement.
PayPay will continue to be a consolidated subsidiary of SoftBank Corp following the listing, it said.
Reuters reported earlier this week that SoftBank had selected banks for the U.S. listing.
(Reporting by Mariko KatsumuraEditing by Chang-Ran Kim)
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