Liquidity game: Pedestrians wearing protective masks walk past a SoftBank Corp store in Tokyo. Founder Masayoshi Son has debated for years whether to take his conglomerate private because of a persistent discount between his stock and the perceived value of his assets. — Bloomberg
TOKYO: The record US$40bil deal for wireless carrier NTT Docomo Inc is sparking discussion of whether an even bigger Japanese buyout could be in the works: SoftBank Group Corp.
Founder Masayoshi Son has debated for years whether to take his conglomerate private because of a persistent discount between his stock and the perceived value of his assets, particularly Alibaba Group Holding Ltd shares. The 63-year-old billionaire revived informal talks this year after his shares tumbled and he sold off assets.
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