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SoftBank
30-04-2018, 02:20 PM.
Post: #11
RE: SoftBank
SoftBank's CEO clinches his biggest deal by letting go

Greg Roumeliotis, Liana B. Baker
APRIL 30, 2018

(Reuters) - SoftBank Group Corp (9984.T) CEO Masayoshi Son has made a name for himself as the ultimate dealmaker, raising almost $100 billion for investments with his Vision Fund. Yet after four years of haggling, he has scored his biggest deal by simply letting go.

The agreement on Sunday to combine SoftBank’s Sprint Corp (S.N) with Deutsche Telekom AG’s (DTEGn.DE) T-Mobile US Inc (TMUS.O) will create a U.S. wireless carrier with a market value of more than $80 billion, matching SoftBank’s market capitalization and making it its biggest holding.

SoftBank, a Japanese technology and telecommunications group, will own just 27 percent of the combined company, however, while Deutsche Telekom will own 42 percent and have voting and board control.

It is a far cry from the terms the companies discussed in their first round of talks in 2014, when Sprint was larger than T-Mobile and SoftBank was negotiating owning a majority stake in the combined company.

More details in https://www.reuters.com/article/us-sprin...SKBN1I1003
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Specuvestor: Asset - Business - Structure.

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09-05-2019, 05:41 PM.
Post: #12
RE: SoftBank
Share Split and Dividend Forecast for Fiscal Year Ending March 2020

SoftBank Group determined to split its ordinary shares at a ratio of two for one and forecasts the annual dividend for the fiscal year ending March 2020 after the Share Split to be JPY 44.00 per share, which is the same amount as the prior year. This effectively doubles the annual dividend amount from the previous fiscal year.

More details in https://links.sgx.com/FileOpen/190509_SB...eID=558531
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04-06-2019, 07:27 PM.
Post: #13
RE: SoftBank
SoftBank Group to book 1.2 trillion yen profit on Alibaba share sale

Sam Nussey
Published June 4, 2019

TOKYO (Reuters) - Japan’s SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit on the sale of shares in China’s Alibaba Group Holding Ltd.

The sale dates from 2016 when SoftBank sold part of its Alibaba stake via derivatives to fund its acquisition of British chip designer ARM.

The transaction leaves SoftBank with a 26% stake in Alibaba worth $101 billion. The Japanese investment firm said it would book the profit in the financial quarter ending June.

SoftBank Group founder and Chief Executive Masayoshi Son bought into Alibaba for just $20 million in 2000. The Chinese startup’s growth into one of the world’s biggest e-commerce companies has helped burnish Son’s tech investor credentials.

The windfall comes as one of Son’s biggest tech bets, Uber Technologies Inc, has shown lackluster stock market performance since its market debut last month.

SoftBank booked a 418 billion yen gain on its Uber stake in the financial quarter ended March ahead of the debut. On Monday, Uber’s shares closed 9% below their IPO price at $41.

Son has referred to the value of the Alibaba stake to argue that SoftBank Group’s shares are undervalued. Following the end of a 600 billion yen stock-buyback program and Uber’s disappointing listing, the shares have fallen 23% from their April high.

More details in https://www.reuters.com/article/us-softb...SKCN1T50L4
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