SoftBank to buy back $41 billion in assets to trim debt

BANKGOK (AP) — The Japanese technology and telecoms company SoftBank said Monday it plans to buy back up to 4.5 trillion yen ($41 billion) of its assets as it seeks to trim its gigantic debt burden. The company's founder, Masayoshi Son, said the move reflected “the firm and unwavering confidence we have in our business." Tokyo-based SoftBank will buy up to 2 trillion yen ($18.1 billion) of its shares, Son said in a statement. Earlier, SoftBank...