Softbank to raise USD 30 bln in IPO of Japan mobile business – report

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(Telecompaper) Softbank may target a valuation of USD 90 billion for its Japanese mobile business when it lists the company on the stock market, people familiar with the matter told Bloomberg. Softbank is considering selling a third of the company, raising around USD 30 billion for its investments, the report said. 
Source: Industry News (syndicated from Telecompaper.com)

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