ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »SoftBank likely to sell Alibaba stock to fund buyback
Bloomberg The slump in SoftBank Group Corp’s shares could prompt Masayoshi Son to play an ace card — cashing in part of his stake in Alibaba Group Holding Ltd. Son is likely to sell Alibaba stock to help pay for another buyback in an attempt to bolster SoftBank shares, according to Jefferies Group analyst Atul Goyal. It’s a surprise the …
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