Softbank Looking to Cut Alibaba, Sprint Share Stakes (Report)

ByNicole
softbank-looking-to-cut-alibaba,-sprint-share-stakes-(report)

Softbank, the giant Japanese investment group that has made huge bets on the sharing economy, is looking to cut its stake in Alibaba, according to reports. And possibly in Sprint too.

On Monday, Masayoshi Son, founder and CEO of the heavily indebted Softbank, said that he would raise or monetize $41 billion of assets,

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