SoftBank To Book $34 Billion Gain From Alibaba Shares

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Published:


Tokyo:

SoftBank Group Corp on Wednesday said it will book a gain of 4.6 trillion yen ($34.08 billion) after settling prepaid forward contracts using shares in Alibaba Group Holding, reducing its stake to 14.6% from 23.7%.
 

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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