• Japan's SoftBank steps closer to transformation with mammoth mobile IPO

    1 month ago - By Reuters

    SoftBank Group Corp has won approval to conduct a 2.4 trillion yen initial public offering of its domestic telecoms business, in a deal that will seal the group's transformation into a top global technology investor.
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  • SoftBank Looking To Raise $21.1 Billion Through Share Sell-Off

    1 month ago - By Fortune

    SoftBank Group Corp. is seeking to raise 2.4 trillion yen in the initial public offering of its domestic telecom operations scheduled for Dec. 19.
    The Japanese technology conglomerate plans to sell 1.6 billion shares at 1,500 yen apiece, it said in a statement Monday. The IPO price range will be set on Nov. 30, followed by the final price on Dec. 10.
    SoftBank founder Masayoshi Son is spinning off the company's cash cow to raise capital to keep making investments in tech startups. The offering comes at a time when the wireless unit faces potential pricing pressure. NTT Docomo Inc., Japan's...
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  • SoftBank mobile unit to go for IPO raising some $20 billion

    1 month ago - By Chron

    TOKYO - Japanese technology company SoftBank Group Corp. will carry out an initial public offering of its Japanese mobile subsidiary, set for Dec. 19.
    The Tokyo Stock Exchange approved the listing of 1.6 billion shares of SoftBank Corp. Monday, at 1,500 yen a share, raising potentially more than 2 trillion yen .
    Founded in 1986, initially running software, broadband and fixed-line telecommunications businesses, the company has expanded to become one of Japan's top mobile service providers.
    The parent is investing in a range of companies globally, including U.S. wireless company Sprint...
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  • Japan's SoftBank steps closer to transformation with $21 billion mobile IPO

    1 month ago - By Reuters

    SoftBank Group Corp's domestic telecoms unit on Monday received approval to list on the Tokyo Stock Exchange through one of the biggest-ever initial public offerings at 2.4 trillion yen , a regulatory filing showed.
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  • SoftBank's mobile unit launches $21 billion IPO: filing

    1 month ago - By Reuters

    SoftBank Group Corp's domestic telecoms unit on Monday received approval to list on the Tokyo Stock Exchange in an initial public offering worth 2.4 trillion yen , a regulatory filing showed, one of the biggest IPOs ever.
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