SoftBank’s decision to sell T-Mobile shares is part of the company’s efforts to boost liquidity in a bid to fight the negative economic of the coronavirus pandemic. The internal responses by companies to ease the economic harm caused by the coronavirus differ. While some companies have had to shed off their staff, others have announced the closure of some business operation outlets in order to cut costs. While a few have practically gone out of business, SoftBank Group Corp (TYO: 9984) one of the parent companies of T-Mobile U.S Inc (NASDAQ:...
Full ArticleSoftBank Plans to Sell $21 Billion Worth of T-Mobile Shares
WorldNews
0 shares
1 views
You might like
Related news coverage
A tiny startup just won a crucial deal with $175 billion drug giant Pfizer, and it shows how apps are becoming the next frontier as Big Pharma pushes beyond pills
Business Insider
· Pfizer just cut a deal with digital health startup SidekickHealth, which uses a mobile app to help patients eat better, sleep..
Advertisement
More coverage
WeWork is grappling with a fresh setback after the pandemic emptied offices. Here's the latest on job cuts and executive departures.
Business Insider
· WeWork pulled its IPO in 2019 after mulling a massive valuation cut to drum up investor interest, and cofounder Adam Neumann was..
SoftBank to sell ¥2 tril in T-Mobile shares
Japan Today