Softbank Group says to book $2.56 billion second-quarter gain on Alibaba stake

November 1, 2019 admin Business News Comments Off on Softbank Group says to book $2.56 billion second-quarter gain on Alibaba stake

SoftBank Group Corp said on Friday it would book a 277 billion yen ($2.56 billion) gain in the second quarter after portfolio company Alibaba Group Holding recorded a $9.7 billion gain related to its stake in Ant Financial.

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Source:: Reuters – Business News