SoftBank Moves To Raise $4.9 Billion With Overnight T-Mobile Block Sale— Stock Drops 4% After Hours As Investors Digest Discount

Why did Trump launch a new mobile phone service? How is Israel-Iran conflict affecting oil prices? What impact will BOJ slowing bond taper have? Why did popular home goods retailer file bankruptcy? How will EU's Russian gas ban affect energy markets? What caused WhatsApp to introduce ads now? Why is JPMorgan entering cryptocurrency with JPMD?

SoftBank Moves To Raise $4.9 Billion With Overnight T-Mobile Block Sale— Stock Drops 4% After Hours As Investors Digest Discount

benzinga.com/news/25/06/45965120/softbank-moves-to-raise-4-9-billion-with-overnight-t-mobile-block-sale-stock-drops-4-after-hours-as-investor

Japan’s SoftBank Group Corp. (OTC:SFTBY) is reportedly looking to raise $4.9 billion via a sizable overnight stake sale.
What Happened: On Tuesday, it was revealed that the Japanese investment holding company would be raising these funds via an unregistered overnight block sale of its…

This story appeared on benzinga.com, 2025-06-17 02:26:27.