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Telco SoftBank shares fall 3% as parent slashes stake

Telco SoftBank shares fall 3% as parent slashes stake

4 years ago
Anonymous $UzyKJJH9oy

https://www.reuters.com/article/us-softbank-stocks/telco-softbank-shares-fall-3-as-parent-slashes-stake-idUSKBN25R02S

Shares in wireless carrier SoftBank Corp fell 3% in early trading on Monday after parent SoftBank Group Corp said it would sell up to 22% of the telco's shares, slashing its exposure to the carrier to 40%.