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SoftBank's trimming of US$109b debt leaves funds wary of Son

They fear group's founder will use cash from Alibaba stake sale for another acquisition

Published Fri, Jun 3, 2016 · 09:50 PM

Tokyo

SOFTBANK Group Corp's move to sell assets and reduce its US$109 billion in total debt has some bondholders wary of the risk founder Masayoshi Son will use the cash for another acquisition.

The mobile phone and Internet group said on Thursday it will sell US$8.9 billion of its stake in Chinese e-commerce company Al…

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