Month: January 2018

Softbank's Japanese wireless business could be one of the biggest IPOs by a Japanese company in two decades. The IPO could reportedly raise $18 billion. Softbank Group is aiming to sell about 30% of Softbank Corp. TOKYO (Reuters) - SoftBank Group ... ( read original story ...)

10:32a SoftBank considers IPO for Japan wireless unit, said to seek $18 billion 10:32a SoftBank considers IPO for Japan wireless unit, said to seek $18 billion 10:32a SoftBank considers IPO for Japan wireless unit, said to seek $18 billion ( read original story ...)

SoftBank said on Monday it was considering listing its Japanese wireless business - a move that could reportedly raise $18 billion and would accelerate the conglomerate’s transformation into one of the world’s biggest tech investors. SoftBank said on ... ( read original story ...)

A report in the Nikkei Asian Review claimed the listing would be one of the largest IPOs for a Japanese company, bringing in as much as some 2 trillion yen (£13bn). It said Softbank plans to apply to the Tokyo Stock Exchange as early as the spring with an ... ( read original story ...)

SoftBank, the Japanese telecom company that owns 80% of US carrier Sprint, is considering an IPO that would spin off the company's mobile phone unit. A spin-off - potentially the biggest IPO by a Japanese company in almost two decades - would give the unit ... ( read original story ...)

SoftBank Corp., which now handles the group's telecom business, is one of Japan's three big mobile carriers along with NTT Docomo and KDDI. A spin-off - potentially the biggest IPO by a Japanese company in almost two decades - would also give the unit more ... ( read original story ...)

It’s hoping for an overseas debut at the same time, possibly in London." It would be the largest ever IPO in Japan, said the Nikkei report. It added that the group "intends sell about 30% of the outstanding shares in its subsidiary to investors ... ( read original story ...)

Of Tokyo's 33 subindexes, 23 were in positive territory, led by securities and real estate. TOKYO: Japan's Nikkei share average tracked a rise in global equities and advanced on Monday, although the dollar's weakening against the yen capped gains. ( read original story ...)

CHONGQING/TOKYO -- Japanese convenience store operators who set up shop in China's coastal cities are broadening their inland footprints in a bid to capitalize on economic growth there. At the end of last year, Lawson opened an outlet on the campus of ... ( read original story ...)

Japan's Nikkei share average tracked a rise in global equities and advanced on Monday, although the dollar's weakening against the yen capped gains. The Nikkei ended 0.26 per cent higher at 23,714.88 for its first session of gains in four days. Index ... ( read original story ...)

The parent will sell some 30 percent of SoftBank Corp. It plans to apply to the Tokyo Stock Exchange for the IPO as early as spring, which falls between March and May, and aims to debut the shares in Tokyo and elsewhere, possibly London, around autumn ... ( read original story ...)

This was the largest increase over this time frame since the firm began tracking this data in 1996. In Japan, the Nikkei Stock Average NIK, +0.30% rose 0.2% as some large financial companies continued to benefit from higher bond yields. Stock benchmarks ... ( read original story ...)

Tokyo stocks closed higher on Monday, supported by record closes on Wall Street, while SoftBank jumped more than three percent after it said it was considering listing its mobile unit. The benchmark Nikkei 225 index gained 0.26 percent, or 61.06 points, to ... ( read original story ...)