Softbank might IPO its Japanese telecoms unit, then again it might not
In response to a report claiming it’s going to flog $18 billion of shares in its Japanese mobile units. Softbank has said it might, but no decision has been made yet.
The report was brought us by Japanese business title Nikkei, which chatted to someone who reckons SoftBank Group aims to list its Japanese mobile phone unit in Tokyo and overseas this year. The un-named source also reckons the amount of money raised by such an IPO is likely to be in the region of two trillion yen, which is ab
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