TOKYO: Investors in Tokyo have welcomed news that shareholders in US mobile carrier Sprint had approved a US$21.6bil takeover by SoftBank, paving the way for the biggest-ever overseas buyout by a Japanese firm.
The vote in the United States on Tuesday clears one of the last major hurdles following a hard-fought acquisition battle that saw the Japanese firm hike its initial US$20bil offer by US$1.6bil.
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