TOKYO: Softbank Corp, Japan's second largest Internet access provider, agreed to buy Vodafone Group Plc's Japanese unit for 1.8 trillion yen (US$15.4bil) in Asia's biggest leveraged buyout, gaining 15 million mobile-phone customers.
Softbank, whose billionaire founder Masayoshi Son is branching into mobile phones after winning a licence last year, would control a 97.68% stake in Tokyo-based Vodafone K.K., the companies said in yesterday.
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