Thursday, April 13, 2023

SoftBank to sell nearly all its stake in Alibaba: Report

Shares in Alibaba, one of the most valuable assets in SoftBank's portfolio, tumbled as much as 5.1% in Hong Kong following the report before paring the loss to 3.3%. SoftBank shares traded unchanged, tracking a broader market.

from Tech-Economic Times https://ift.tt/dqeIKzZ
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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...