SoftBank sets price in telco stake sale worth US$11.7 billion

0
97

TOKYO: SoftBank Group Corp said on Monday it set the offering price for the sale of shares in wireless carrier SoftBank Corp at 1,204.50 yen per share, giving the sale a value of 1.24 trillion yen (US$11.7 billion) including over-allotment. SoftBank Group said late last month it would slash its …