TOKYO: SoftBank Group Corp.’s bankers have received orders for all 1.3 trillion yen (US$12bil) of the domestic wireless unit’s stock they are selling and will probably place an over-allotment, according to people familiar with the matter.
SoftBank Corp order books for domestic and overseas investors were fully covered Tuesday with Nomura Holdings Inc and Daiwa Securities Group Inc leading the distributions, said the people, asking not to be identified because the matter is private.
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