SoftBank May Sell T-Mobile Shares To Deutsche Telekom

SoftBank Group Corp. is in talks to sell a significant portion of its T-Mobile US Inc. stake to controlling shareholder Deutsche Telekom AG as the Japanese technology conglomerate scrambles to raise funds.

The transaction, if completed, would boost Deutsche Telekom’s nearly 44% stake in T-Mobile above 50%, according to people familiar with the matter.

Full Content: Wall Street Journal

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