SoftBank raises $22bn in moves to sell down Alibaba stake - Financial Times

Forward sales would mark end of an era for Japanese tech investor that grew from early bet on Chinese ecommerce giant

SoftBank has raised as much as $22bn in cash from deals that would sharply reduce its stake in Alibaba over the coming years, as the Japanese investor responds to a market downturn that has ravaged i… [+5300 chars]

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