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SoftBank to sell $3.1 billion worth of Japan telco unit stake

Christian Fernsby ▼ | May 21, 2020
SoftBank Group said it plans to sell 5% of its domestic telco SoftBank currently worth $3.1 billion as part of a programme to raise $41 billion through asset sales.
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Topics: SoftBank The sale of 240 million shares for a yet to be determined price and set to close on May 26 will leave SoftBank Group with a 62.1% stake in Japan’s third-largest wireless carrier.


 

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