Tuesday, 22 October 2019

SoftBank set for $18 billion telecoms spin off

By Chris Kelly, Total Telecom
Monday 15 January 18

Should the IPO go ahead, SoftBank will offer approximately 30% of its shares to the market.

Japanese firm SoftBank could be set for an $18 billion IPO as it looks to spin off its domestic telecoms business units as a separate entity. In a statement to the Tokyo stock exchange…

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