Dec 9th, 2020

SoftBank Considers Going Private Slowly

SoftBank Group Corp. is considering going private the slow way. Sources say the company may buy back outstanding shares until the founder Masayoshi Son has a big enough stake to squeeze out remaining investors. That would probably take more than a year and would require further asset sales as well. Bloomberg’s Pavel Alpeyev reports on “Bloomberg Markets: European Open.” (Source: Bloomberg)