Friday, June 3, 2016

SoftBank Proceeds From Alibaba Selldown Rise to $10 Billion

SoftBank Group Corp. has lifted the amount of money it will raise from selling down its stake in China’s Alibaba Group Holding Ltd. to $10 billion, after exercising an option to sell more shares through a trust.

from The Business of Fashion http://ift.tt/1X2PO8S

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