April 30, 2018 / 3:42 AM / a month ago

BRIEF-SoftBank Group unit Sprint and T-Mobile to combine

April 30 (Reuters) - SoftBank Group Corp

* Says co’s U.S.-based unit Sprint Corporation, and T-Mobile US, Inc. have entered into a definitive agreement to merge in an all-stock transaction at a fixed exchange ratio of 0.10256 T-Mobile shares for each Sprint share (or the equivalent of 9.75 Sprint shares for each T-Mobile share)

Source text in Japanese: goo.gl/AG9RHf

Further company coverage: (Beijing Headline News)

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