Tencent said to seek US$3.5bn loan for Supercell buy
Chinese media and communications holding company Tencent is reportedly in discussions with banks to secure a US$3.5bn loan to acquire a majority ...
Tag: Alibaba
Softbank promotes Ken Miyauchi to president and COO
Japan’s Softbank has appointed domestic telecoms director Ken Miyauchi as the group’s new president and COO. Miyauchi replaces Nikesh Arora, who resigned from the company, but ...
Softbank sells Supercell to Tencent for US$7.3bn
Japan’s Softbank has agreed to sell all of its 72.2% stake in Finnish smartphone game maker Supercell to Chinese media and communications holding company Tencent for ...
Editor’s Viewpoint Issue 246
TelecomFinance’s Editor Pauline Renaud discusses the latest industry developments in “Open sesame“. This Viewpoint ran in TelecomFinance Issue 246. TelecomFinance’s Editor ...
Softbank close to selling Supercell stake for US$6.6bn – reports
Japan’s Softbank is reportedly in late-stage talks with Chinese media and communications holding company Tencent to sell its 73.2% stake in Finnish games maker Supercell for US$6.6bn. ...
Verizon to make US$3bn offer for Yahoo’s internet business – report
Verizon Communications was reportedly gearing up to submit a US$3bn second-round bid for Yahoo’s core internet assets yesterday. The US’ largest mobile operator has ...
Softbank to sell GungHo stake for Y73bn, upsizes Alibaba offering to US$10bn
Japanese telecoms giant Softbank plans to sell the majority of its 25.77% stake in local mobile gaming company GungHo Online Entertainment back to the ...
Softbank prices Alibaba share sales, expects to raise US$8.9bn
Japanese telecoms giant Softbank expects to raise US$8.9bn from the sale of shares in Chinese e-commerce group Alibaba announced yesterday. Alibaba said in its own ...
Softbank to sell US$7.9bn in Alibaba shares to cut debt
Japanese telecoms group Softbank has said it will sell at least US$7.9bn worth of shares in Chinese e-commerce giant Alibaba, equivalent to a ...
Son could consider listing Softbank’s domestic assets
Softbank founder and CEO Masayoshi Son could consider listing the Japanese telco’s domestic business to help bridge its some US$20bn valuation ...
