SoftBank founder Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. File photo: Reuters SoftBank founder Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. File photo: Reuters
SoftBank founder Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. File photo: Reuters

SoftBank said to be planning to sell US$14 billion in Alibaba shares as business battered by pandemic

  • The Alibaba stake sale could range from as little as US$12 billion to as much as US$15 billion, according to people with knowledge of the matter
  • The sale is part of SoftBank’s effort to raise US$41 billion to shore up its businesses battered by the pandemic

Topic |   Alibaba
SoftBank founder Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. File photo: Reuters SoftBank founder Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. File photo: Reuters
SoftBank founder Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. File photo: Reuters
READ FULL ARTICLE