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May 19, 2020 05:57 am GMT

SoftBank reportedly plans to sell about $20 billion of its T-Mobile shares

SoftBank Group Corp. is currently seeking buyers for about $20 billion of its shares in T-Mobile US, according to reports in the Wall Street Journal and Bloomberg. If the proposed sale goes through, its proceeds could help offset SoftBanks heavy investment losses over the past year. According to its first-quarter earnings report yesterday, SoftBanks Vision […]

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