Edition:
India

Sam Nussey

SoftBank restarts buybacks as asset sales swell cash pile

14 Oct 2020

TOKYO SoftBank Group Corp resumed its share buybacks in September, after an enforced pause in August due to asset sales, saying on Wednesday it spent 40 billion yen ($380 million) of its growing cash pile.

SoftBank Vision Fund seeking cash for blank-check company - source

13 Oct 2020

TOKYO SoftBank Group Corp's Vision Fund is targeting external funding for a blank-check company it plans to launch, a person familiar with the matter said, in a return to marketing its investing chops after a period of retrenchment.

NEC to buy Swiss software firm Avaloq for $2.2 billion

05 Oct 2020

TOKYO Japan's NEC Corp said on Monday it will buy Swiss financial software company Avaloq Group AG for 2.05 billion Swiss francs ($2.2 billion), a move that will spearhead its entry globally into finance software.

UPDATE 1-Line Corp gears up for food fight in Thailand

05 Oct 2020

TOKYO/SINGAPORE, Oct 5 Line Corp's food delivery business in Thailand is gearing up for a prolonged battle with players ranging from SoftBank-backed Grab to banks after a merger with a listings heavyweight and an outside capital injection.

Line Corp gears up for food fight in Thailand

05 Oct 2020

TOKYO/SINGAPORE, Oct 5 Line Corp's food delivery business in Thailand is gearing up for a prolonged battle with players ranging from SoftBank-backed Grab to banks after a merger with a listings heavyweight and an outside capital injection.

Japan's Rakuten offers $30 5G plans in industry shakeup

30 Sep 2020

TOKYO Japan's Rakuten Inc launched low price 5G services via its cloud-based mobile network on Wednesday in a challenge to rival carriers under fire for high prices that could shake up the telecoms industry globally.

Japan's NTT launches $40 billion buyout of wireless unit Docomo

29 Sep 2020

TOKYO Japan's Nippon Telegraph and Telephone Corp (NTT) said it will spend 4.25 trillion yen ($40 billion) to take its wireless carrier business private, in a deal that opens the path to lower prices as the government calls for cuts.

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