• Bloomberg

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SoftBank Group Corp. said it is considering the sale of its T-Mobile U.S. Inc. shares, confirming reports the Japanese company is nearing such a deal as part of its effort to sell about $41 billion (¥4.5 trillion) in assets.

SoftBank said it may sell some of its stake through private placements or public offerings, adding that there is no assurance a final deal will be reached. T-Mobile also confirmed SoftBank’s plan and wasn’t specific about the details, saying that SoftBank was exploring “one or more monetization transactions” involving the wireless carrier’s stock. People familiar with the matter said last month that SoftBank was closing in on an agreement to sell about $20 billion of its stock in T-Mobile, part of efforts to raise capital after record losses in its investment business.

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