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SoftBank worth less than its Alibaba stake after 4-day stock slide

MR SON: He has struggled to turn Sprint around since buying a controlling stake in what was SoftBank's biggest acquisition ever.


SOFTBANK Group Corp tumbled below the value of its stake in Alibaba Group Holding Ltd amid growing concerns about the Japanese company's other assets, including struggling US wireless carrier Sprint Corp.

SoftBank's market capitalisation fell to 5.46 trillion yen (S$66