SoftBank Said to Plan More Asset Sales to Bolster Finances

  • Technology company may divest more assets to raise cash
  • Nikesh Arora leading efforts to improve company’s finances

Why SoftBank Is Selling at Least $7.9B of Alibaba Stake

SoftBank Group Corp.’s decision to sell stock in Alibaba Group Holding Ltd. is part of a broader plan that will probably include further asset sales as it seeks to strengthen its finances, according to a person familiar with the matter.

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