SoftBank Gets Serious About Tackling Debt With Asset Sales

Updated on
  • SoftBank is raising money by selling stakes in Alibaba, GungHo
  • Japanese company is seeking to boost cash and pay down debt

SoftBank Seeks to Pay Down Debt With Asset Sales

After years of acquisitions saddled SoftBank Group Corp. with record debt and weighed down its stock, founder Masayoshi Son is getting serious about improving the company’s balance sheet.

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