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SoftBank plans $41B asset sale

Posted online March 23, 2020 | 7:25 am

SoftBank is planning to sell $41 billion worth of its assets.

The company may sell part of its stakes in Alibaba and the merged Sprint and T-Mobile US, according to an analyst.

SoftBank plans to use the funds gained in the asset sale to buy back shares and reduce debt.

Read more from Reuters.

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