SoftBank"s mobile unit launches $21 billion IPO: filing

SoftBank Group Corp's domestic telecoms unit on Monday received approval to list on the Tokyo Stock Exchange through one of the biggest-ever initial public offerings (IPO) at 2.4 trillion yen ($21.04 billion), a regulatory filing showed......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

SoftBank Group Corp. is considering seeking a valuation of about $90 billion for its domestic wireless business in a planned initial public offering, according to people familiar with the matter......»»

Banks, including underwriters of SoftBank Group's initial public offering of its mobile unit, are finalizing terms for a $9 billion loan to its Vision Fund, Bloomberg reported on Wednesday, citing people familiar with the matter......»»

SoftBank Group Corp. said it would seek to raise more than $20 billion with the initial public offering of its Japanese mobile unit, as it hunts for funds to fuel its nearly $100 billion investment machine......»»

SoftBank Group Corp's mobile phone services were disrupted in some parts of Japan on Thursday, ahead of an initial public offering (IPO) of its domestic telecoms unit later this month that will potentially raise $21 billion......»»

The video game market could become a $300 billion industry worldwide by 2025 as mobile gaming, virtual reality gaming and cloud-based gaming grow, according to a 2019 report from GlobalData......»»

WeWork co-founder Adam Neumann has accused one-time ally Softbank of abuse of power, filing a lawsuit against the company on Monday for pulling a deal to buy $3 billion of WeWork's shares from investors. Gloria Tso reports......»»

SoftBank Group Corp. launched a long-awaited $3 billion tender offer for WeWork stock, according to people with knowledge of the matter. The offer expires April 1, said one of the people, who... To view the full story, click the title link......»»

The parent company of popular Indian mobile-payments startup Paytm said it has secured $1 billion in fresh funds from Japan’s SoftBank Group Corp. and China’s Ant Financial Services Group, giving it more firepower in a fast-growing but crowded market......»»

Apple Inc and Intel Corp on Wednesday filed an antitrust lawsuit against Fortress Investment Group, alleging the SoftBank Group Corp unit stockpiled patents to hold up tech firms with lawsuits demanding as much as $5.1 billion......»»

Apple Inc and Intel Corp on Wednesday filed an antitrust lawsuit against Fortress Investment Group, alleging the SoftBank Group Corp unit stockpiled patents to hold up tech firms with lawsuits demanding as much as $5.1 billion......»»

Japan’s SoftBank Corp plans to merge internet unit Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals. Francis Maguire reports......»»

Japan's SoftBank Corp plans to merge internet unit Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals like Rakuten Inc ......»»

United Technologies and Raytheon Co have received requests for additional information from the antitrust division of the U.S. Department of Justice related to their $120 billion merger, according to a regulatory filing on Thursday......»»

European blockchain company The Bitfury Group, valued recently at more than $1 billion, has launched its artificial intelligence (AI) division, the company's top official told Reuters in an interview......»»

The company – which recently joined Toyota and SoftBank in a $1 billion investment in Uber's self-driving car unit – confirmed its opened a Seattle office about a year after the Business Journal first reported on the search......»»

SoftBank Group Corp. said it would start a second technology megafund and has secured $108 billion in commitments from investors including Apple Inc., Japanese banks, Taiwanese investors and Kazakhstan’s sovereign-wealth fund......»»

A U.S. national security panel on Friday approved a $2.25 billion investment by Japan's Softbank in Cruise, a self-driving vehicle firm majority owned by GM, the unit told Reuters, signaling some leeway for investors with deep ties to China......»»

A group of 10 state attorneys general led by New York and California are filing a lawsuit to block The state AGs say the merger would hurt competition and drive up prices for . It's an unusual... To view the full story, click the title link......»»