SoftBank plans $41 billion of asset sales to expand buyback and cut debt

March 23, 2020 admin Business News Comments Off on SoftBank plans $41 billion of asset sales to expand buyback and cut debt

SoftBank Group Corp plans to raise as much as $41 billion to buy back shares and reduce debt in an unprecedented move to restore investor confidence as a financial market rout pummels its shares and its portfolio companies.

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Source:: Reuters – Business News