|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Business & Economy (Click here for more)

Price of Softbank Mobile Unit IPO Set at 1,500 Yen

TOKYO – Japanese telecommunications group Softbank announced on Monday that the share price for the initial public offering of its mobile subsidiary, scheduled for Dec. 19, has been set at 1,500 yen ($13.3).

The listing of the mobile unit on the Tokyo Stock Exchange, which will likely raise around 2.65 trillion yen ($23.5 billion), will be one of the world’s biggest IPOs, the multinational said.

The tech conglomerate intends to sell 1.764 billion shares of its telecom unit, equivalent to a 36.85 percent stake.

Softbank’s telecommunications unit is one of the three largest mobile phone network providers in Japan, together with NTT/Docomo and KDDI.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2019 © All rights reserved