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SoftBank Might List Wireless Business

  • Reuters, Monday, January 15, 2018 9:38 PM
SoftBank might list its Japanese wireless business, which could raise around $18 billion, Reuters reports. “A spin-off … would give the unit more autonomy and help investors value the business as well as its parent which has myriad holdings across the tech industry,” Reuters reasons. “SoftBank Group is aiming to sell about 30 percent of SoftBank Corp, Japan’s No. 3 wireless carrier.”

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