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SoftBank’s Son pays 6 senior execs $83m in push for talent

Bloomberg Masayoshi Son is making top executives at SoftBank Group Corp some of the highest-paid in Japan as he recruits talent to his growing investment empire. While Son’s own salary remains modest by global standards, his company paid a total of 9.1 billion yen ($83 million) in compensation to six lieutenants, according documents released for a shareholder meeting on June ...

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India’s Bharti Airtel plans London IPO for its Africa unit

Bloomberg Bharti Airtel Ltd is planning a share sale for its Africa unit in London as part of a push by the Indian wireless operator to cut a debt load that’s ballooned to more than $16 billion. The initial public offering by Airtel Africa Ltd would comprise new shares and the sale would seek a free float of at least ...

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CVC-backed Softex mulls $500m IPO

Bloomberg PT Softex Indonesia, a sanitary product maker backed by PE firm CVC Capital Partners, is planning an initial public offering that could raise as much as $500 million, according to people with knowledge of the matter. The Tangerang-based company has met with potential advisers for a share sale in Indonesia that could happen as soon as this year, the ...

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