Tag: $SoftBank

SoftBank on Friday announced plans to issue euro and dollar-denominated bonds as it looks to pay down debt and focus its investments on artificial intelligence.

SoftBank Group shares rose as much as 6.3% on Wednesday, after a report said that Elliott Management had rebuilt a substantial stake in the Japanese technology conglomerate and was pushing for stock repurchases.

 SoftBank Group Corp said it would receive shares in telco T-Mobile US worth some $7.59 billion at no additional cost, driving the Japanese conglomerate’s shares up 5%.

Shares of Japanese tech investor SoftBank fell on Friday after the company reported a record loss at its Vision Fund tech investment unit. SoftBank shares closed 3.68% lower in Tokyo.