SoftBank Plans to Seek Buyers for About $20 Billion of its T-Mobile Shares

Morgan Stanley, Goldman assemble buyers for T-Mobile shares

By
Cara Lombardo and Liz Hoffman

SoftBank Group Corp. plans to seek buyers for about $20 billion of its shares in T-Mobile US Inc. as the Japanese technology conglomerate takes steps to pare a years-long investment in the U.S. mobile-phone sector.

Banks including Morgan Stanley and Goldman Sachs Group Inc. are working to round up investors for what would be one of the largest stock trades in market history, according to people familiar with the matter.

SoftBank…

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By |2020-05-18T21:27:33+00:00May 18th, 2020|Uncategorized|Comments Off on SoftBank Plans to Seek Buyers for About $20 Billion of its T-Mobile Shares
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