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SoftBank gets serious about tackling debt

Tuesday, June 7, 2016 - 05:50

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The Japanese company has announced a series of asset sales as part of a broader effort to re-examine its technology portfolio, reduce its massive debt load and gain flexibility for future investments.

Tokyo

AFTER years of acquisitions saddled SoftBank Group Corp with record debt and weighed down its stock, founder Masayoshi Son is getting serious about improving the company's balance sheet.

SoftBank has announced a series of asset sales as part of a broader effort to re-examine

sentifi.com

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