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June 16, 2020 05:55 am GMT

SoftBank confirms it may sell some of its T-Mobile stake

SoftBank Group confirmed today it is considering selling its T-Mobile U.S. shares. Bloomberg reported last month that SoftBank was nearing an agreement to sell about $20 billion of its T-Mobile U.S. shares to investors including Deutsche Telekom, T-Mobiles controlling shareholder, in an effort to offset major losses from its investment business, including the Vision Fund. […]

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