Key Developments: Softbank Corp (9984.T)

9984.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Yahoo Japan cancels acquisition of shares in eAccess from SoftBank
Monday, 19 May 2014 02:00am EDT 

SoftBank Corp and Yahoo Japan Corp:Say Yahoo Japan cancels acquisition of shares in eAccess Ltd from SoftBank Corp.  Full Article

SoftBank to issue 45th series corporate bonds
Friday, 16 May 2014 12:00am EDT 

SoftBank Corp:To issue 45th series unsecured corporate bonds of 300 bln yen, with subscription period from May 19 to May 29 and payment date May 30.The bonds are each with face value of 1 mln yen, issue price at 100 yen per face value of 100 yen, coupon rate 1.45 per annum and maturity date May 30, 2019.Nomura Securities, Daiwa Securities, Mizuho Securities, Mitsubishi UFJ Morgan Stanley Securities, SMBC Nikko Securities and four other securities companies will serve as underwriters.Proceeds to be used for loan repayment and investment.  Full Article

OUTSOURCING Inc subsidiary OUTSOURCING Tech to acquire shares from SoftBank Corp
Friday, 9 May 2014 02:30am EDT 

OUTSOURCING Inc:Says subsidiary OUTSOURCING Tech to acquire 3,800 shares (a 46.3 pct stake ) of a Tokyo-based company from SoftBank Corp. to fully acquire the Tokyo-based company, which is engaged in WEB conversion service for mobile and WEB solution service.SoftBank to hold no stake in the company.  Full Article

SoftBank to pay year-end dividend for FY 2014
Wednesday, 23 Apr 2014 05:00am EDT 

SoftBank Corp:To pay year-end dividend of 20 yen per share (23,769 mln yen in total), in line with latest dividend forecast of 20 yen per share, for fiscal year 2014.Record date March 31 and effective date June 23.  Full Article

Yahoo Japan to acquire shares in eAccess from SoftBank
Thursday, 27 Mar 2014 04:00am EDT 

Yahoo Japan Corp and SoftBank Corp:Says Yahoo Japan will acquire all the 342,777 A shares in eAccess Ltd as well as 549 B shares (33.29 pct of voting power), for from 324.7 bln yen from SoftBank Corp on June 2.Yahoo Japan will hold 33.29 pct of voting power in eAccess after the transaction.  Full Article

SoftBank Corp announces strategic reorganization of commerce & service business
Tuesday, 18 Feb 2014 02:47am EST 

SoftBank Corp:Decides to implement a reorganization within the Group.Says SoftBank BB will split its C&S Business.Says newly-incorporated SoftBank Commerce & Service Corp. will assume the C&S Business (Split), and it will grant all of its SoftBank C&S shares to SoftBank.Says effective date of the reorganization will be Apr.1.Says it will transfer all shares of SoftBank C&S to a Japanese subsidiary of Brightstar Corp. (Brightstar), a U.S. subsidiary of SoftBank.  Full Article

SoftBank Corp's subsidiary completes acquisition of Brightstar Corp.
Wednesday, 29 Jan 2014 09:00pm EST 

SoftBank Corp:Says completed the acquisition of Brightstar Corp. on Jan. 30 (Japan time), through a 57 pct-owned United States-based subsidiary.Says Brightstar is engaged in the wholesale of portable terminals.Says transaction price is approximately 1.3 billion yen in total.  Full Article

SoftBank Corp updates on acquisition of Brightstar Corp.
Friday, 27 Dec 2013 04:00am EST 

SoftBank Corp:Says changed the acquisition date of Brightstar Corp. to Jan. 2014 - Feb. 2014, from November - December.  Full Article

SoftBank Corp announces merger between subsidiaries
Tuesday, 3 Dec 2013 01:00am EST 

SoftBank Corp:Says its subsidiaries eAccess Ltd. and WILLCOM Inc. entered into a basic agreement to merge effective as of Apr. 1, 2014 (tentative).Says the merger will be an absorption type merger with eAccess as the surviving company and WILLCOM as the merged company.Says the two subsidiaries are both engaged in telecommunication business.Says the surviving company after the merger will serve more than 10 million subscribers in mobile communication services.  Full Article

Softbank Corp to Issue Unsecured Corporate Bonds
Thursday, 21 Nov 2013 09:30pm EST 

Softbank Corp announced that it will issue JPY 50 billion 44th series unsecured corporate bonds with interest rate 1.689% and maturity on November 27, 2020, and with a face value of JPY 100 million and issue price of JPY 100 for per face value of JPY 100, November 29, 2013. Mizuho Securities Co., Ltd. , Nomura Securities Co., Ltd., Daiwa Securities Co., Ltd., SMBC Nikko Securities Inc and Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. will act as underwriters in the offerings.  Full Article

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Blog posts on article about Alibaba's China leadership links censored

BEIJING - Microblog posts about a New York Times article on Chinese e-commerce giant Alibaba Group Holding's [IPO-BABA.N] close ties to descendants of China's leaders have been removed by censors, a censorship monitoring group said on Tuesday.

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