TOKYO (Reuters) – SoftBank Group Corp <9984.T> said it plans to sell 5% of its domestic telco SoftBank Corp <9434.T> as part of its plan to raise $41 billion through asset sales.
The sale of 240 million shares will leave SoftBank Group with a 62.1% stake in Japan’s third largest wireless carrier.
(Reporting by Sam Nussey; Editing by Toby Chopra)
