Posted inJapan

SoftBank to sell $21 billion in T-Mobile shares

Japanese tech investment behemoth SoftBank Group said Tuesday it will sell T-Mobile shares worth more than US$21 billion as it sheds assets to shore up its financial health. The move comes one month after SoftBank announced an eye-watering $8.9 billion annual net loss, hit hard by troubles with its unicorn investments including WeWork, as well […]

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