Business Softbank plans $18bn listing for phone arm –

[curator]

Japanese giant Softbank is planning to list its mobile phone business in Tokyo and overseas, according to the Nikkei newspaper. The listing on the Tokyo Stock Exchange and possibly in London aims to raise 2 trillion yen ($18bn; £13.1bn). Softbank confirmed in a statement that the share sale is an …




via BBC News – http://ift.tt/2FCbXWz

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