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SoftBank Group Corp (9984.T)

9984.T on Tokyo Stock Exchange

7,825JPY
9 Dec 2016
Change (% chg)

¥33 (+0.42%)
Prev Close
¥7,792
Open
¥7,867
Day's High
¥7,900
Day's Low
¥7,713
Volume
17,335,800
Avg. Vol
8,029,302
52-wk High
¥7,970
52-wk Low
¥4,133

Latest Key Developments (Source: Significant Developments)

U.S. President elect Donald Trump says SoftBank to invest $50 bln in U.S.- tweet
Tuesday, 6 Dec 2016 02:00pm EST 

: U.S. President elect Donald Trump says SoftBank of Japan has agreed to invest $50 billion in the U.S. toward businesses and 50,000 new jobs- tweet ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Abu Dhabi investor Mubadala said to weigh investing billions in Softbank tech fund- Bloomberg,citing sources
Tuesday, 1 Nov 2016 01:53pm EDT 

: Abu Dhabi investor Mubadala Development Co said to weigh investing billions in Softbank tech fund- Bloomberg,citing sources . Japan's Softbank is also in talks with european and north american investors- Bloomberg,citing sources Source http://bloom.bg/2eRhjlO ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Sprint posts 2nd-qtr loss per share of $0.04
Tuesday, 25 Oct 2016 07:30am EDT 

Sprint Corp : Q2 loss per share $0.04 . Q2 revenue $8.25 billion versus i/b/e/s view $8.03 billion . Q2 earnings per share view $-0.07 -- Thomson Reuters I/B/E/S . Raising FY 2016 guidance for operating income to $1.2 billion to $1.7 billion from previous expectation of $1 billion to $1.5 billion . Sees FY 2016 cash capital expenditures, excluding devices leased through indirect channels, to be less than $3 billion . Says it continues to expect FY 2016 adjusted EBITDA of $9.5 billion to $10 billion . Q2 postpaid phone net additions of 347,000 doubled from the prior quarter . Q2 total retail postpaid churn of 1.52 percent versus 1.54 percent . Q2 total retail prepaid churn of 5.63 percent versus 5.06 percent . Total Sprint platform end of period connections at Q2-end 60,193 million versus 59,453 million at Q1-end . Q2 Sprint platform prepaid net losses of 427,000 versus prepaid net losses of 188,000 . Q2 Sprint platform postpaid arpu $50.54 versus $53.99 .Q2 Sprint platform prepaid arpu $27.31 versus $27.66.  Full Article

Tencent Holdings said to sign $3.5 bln Supercell acquisition loan - Bloomberg
Friday, 14 Oct 2016 12:06am EDT 

:Tencent Holdings is signing a $3.5 billion loan to back purchase of a majority stake in supercell oy from softbank group corp - Bloomberg, citing sources.  Full Article

Grab says Ming Maa joins company as president
Thursday, 13 Oct 2016 08:32pm EDT 

Grab : announced that Ming Maa has joined the company as president, based in Singapore . Ming joins Grab from Softbank Group Corp ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

SoftBank Group to retire treasury shares
Friday, 7 Oct 2016 02:22am EDT 

SoftBank Group Corp <9984.T>: Says it to retire 100,000,000 shares (8.33 percent stake) of its common stock on Oct. 31 .Says the total shares outstanding will be 1,100,660,365 shares after the retirement.  Full Article

Trikomsel issues statement from Trikomsel Noteholder Steering Committee
Wednesday, 5 Oct 2016 01:21am EDT 

Trikomsel: Issues statement from Trikomsel Noteholder Steering Committee . Trikomsel Noteholder Steering Committee - Unsecured and secured creditors have agreed to convert a significant amount of existing debt into equity of co . Trikomsel Noteholder Steering Committee - Under composition plan ratified by court, all SGD notes will be exchanged for 25% of restructured co’s fully diluted equity . Trikomsel Noteholder Steering Committee - Proposed that 25% equity stake allocated to noteholders be held in a Singapore law governed trust arrangement . Trikomsel Noteholder Steering Committee - Understands that co continues to be a going concern . Trikomsel Noteholder Steering Committee - Also notes significant dilution of original shareholders under plan, including stakes previously held by Polaris Ltd and Softbank .Trikomsel Noteholder Steering Committee - Understands that co currently unable to make payment on its secured and unsecured liabilities, including SGD notes.  Full Article

Sprint patents ruled as valid in litigation with Cox Communications
Friday, 23 Sep 2016 10:22am EDT 

: Patents are not valid in litigation with cox communications inc [coxc.ul] - decision . u.s. Court of appeals for the federal circuit reverses delaware court that had ruled the patents were indefinite . Lawsuit relates to cox complaint in delaware federal court that the sprint patents are invalid and not infringed . Over ip technology.  Full Article

ARM appoints new chairman, directors as SoftBank deal effective
Monday, 5 Sep 2016 09:29am EDT 

ARM Holdings Plc : Appointment of directors to ARM Holdings Plc .Appointment of Masayoshi Son (chairman and executive director); Ronald Fisher (executive director); and Alok Sama (executive director).  Full Article

SoftBank Group says completion of acquisition of ARM for 24 bln pounds
Monday, 5 Sep 2016 05:14am EDT 

SoftBank Group Corp <9984.T>: Says the Scheme of Arrangement in respect of the recommended acquisition of ARM Holdings plc (“ARM”) by SoftBank Group ("SBG") came into effect on Sep. 5 . Says and that the entire issued and to be issued share capital of ARM is now owned by SBG and its wholly-owned subsidiaries .Says pursuant to the terms of the Acquisition, SBG purchased all of ARM’s issued and to be issued shares (excluding any ARM shares already owned by SBG or an SBG subsidiary) for cash, for a total acquisition price amounting to approximately GBP 24.0 billion (approximately USD 31.0 billion or JPY 3.3 trillion).  Full Article

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Cox: Public company capitalism meets its match

HONG KONG (Reuters Breakingviews) - Capitalism takes many guises around the world. In Italy, it has a family twist. In France, the state plays a starring role. Japan tries to achieve consensus with government, conglomerates, salarymen and society at large. China's Communist Party dubs it socialism with Chinese characteristics. In Germany, labor gets a voice. America's model puts the stockholders of public companies front and center. Until now.