Monday 15 October 2012

Traders hit Japan's Softbank share price over US expansion plans

Share prices in Japans 3rd largest wireless carrier Softbank are at their lowest for 8 months in Tokyo over the agreed 70% buy out of US mobile company Sprint for a reported $20.1 Billion. This deal was announced after the Tokyo market closed but Softbank still closed down at 5.30%. Traders dont...

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