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SoftBank plans $18 billion IPO of mobile phone unit: Reports
short by Diksha Dhiman / on Monday, 15 January, 2018
Masayoshi Son-led SoftBank Group is reportedly planning an Initial Public Offering (IPO) of its mobile phone unit SoftBank Corp this year. The IPO, potentially the biggest by a Japanese company in nearly two decades, could raise around $18 billion. Softbank, which has a market value of about $91.5 billion, plans to list the unit in Tokyo and London, reports said.
read more at Bloomberg