SoftBank IPO seeks $18 billion from retail investors

Business / Corporate Nov 7, 2018

SoftBank IPO seeks $18 billion from retail investors

SoftBank Group Corp. is seeking to raise a record ¥2 trillion ($18 billion) from Japanese individuals in the initial public offering of its mobile phone unit, targeting investors who often get no interest on their savings, sources have said. Nomura Holdings Inc., a joint global ...