SoftBank Group Corp., the massive Japanese holding company, is planning to take its mobile division public. The company is trying to raise $21 billion in its IPO, and it’ll list on the Tokyo Stock Exchange in December. You may not have heard of SoftBank, but it has a hand in a lot of our consumer technologies […]
One of the big names in corporate earnings news today was SoftBank, which reported that its quarterly profit rose 50 percent from a year ago. If you’ve never heard of the Japanese conglomerate, you probably have heard of Sprint. SoftBank bought a majority stake in the U.S. wireless carrier four years ago for 22 billion […]
Shareholders of Sprint Nextel approved an offer from Softbank to acquire a bulk of the U.S. phone company. Now it's up to Washington regulators to approve the foreign purchase.
The Wall Street Journal is reporting that Japan-based SoftBank will allow the U.S. government to pick a member of Sprint's board if the deal goes through.
