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General

SoftBank ups Sprint stake

Wednesday 7 August 2013 | 04:48 CET | News

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Japanese communications carrier SoftBank has bought 28.81 million shares in Sprint, or 0.73 percent, to bring its ownership in Sprint to 79.07 percent. The company plans to buy around 2 percent in Sprint shares through subsidiary Galaxy Investment Holdings. SoftBank recently acquired 78 percent of Sprint in a USD 21.6 billion deal.

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Categories: General
Companies: Softbank / Sprint
Countries: Japan / United States
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