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SoftBank mobile unit to go for IPO raising some $20 billion

SoftBank mobile unit to go for IPO raising some $20 billion

7 years ago
Anonymous $L9wC17otzH

https://apnews.com/f5463ba51faa4c7eb396de248f7b900f

TOKYO (AP) — Japanese technology company SoftBank Group Corp. will carry out an initial public offering of its Japanese mobile subsidiary, set for Dec. 19, in what will likely be one of the world's biggest IPOs.

The Tokyo Stock Exchange approved the listing of 1.6 billion shares of SoftBank Corp. Monday, at 1,500 yen ($13) a share, raising potentially more than 2 trillion yen ($20 billion).