AJMAN/WAM H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of ...
Read More »Japan’s SoftBank may be milking its cash cow dry
Japanese investors salivating at the juicy 5.4% dividend yield available from the initial public offering (IPO) of SoftBank Group Corp.’s telecom unit should rein in their excitement. It won’t last. The $23.5 billion IPO of Softbank Group’s cash-cow wireless carrier, which will confusingly trade on the Tokyo Stock Exchange as SoftBank Corp., is a hit among Japan’s traditionally conservative investors, ...
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