SoftBank plans to raise $4.9 billion through T-Mobile share sale, offering 3% discount

From Yahoo Finance: 2025-06-16 18:50:00

SoftBank Group Corp is planning to raise $4.9 billion through an unregistered block sale of T-Mobile shares. The sale involves 21.5 million shares priced between $224 and $228 each, with Bank of America Corp handling the deal. This represents a 3% discount to T-Mobile’s closing price on Monday.

The stake being offered would make up about 1.9% of T-Mobile’s outstanding shares. SoftBank’s recent profit of 1.15 trillion yen for the year ended March highlights its investment strategy in high-growth technology companies, like Alibaba Group. However, it has also faced setbacks, such as the bankruptcy of WeWork.

SoftBank and T-Mobile have not yet commented on the sale. This move comes after SoftBank reported a significant profit increase from the previous year. The success of its investments in companies like Alibaba Group contrasts with challenges faced, like the WeWork bankruptcy.



Read more at Yahoo Finance: SoftBank seeks to raise $4.9 billion in T-Mobile share sale, Bloomberg News reports