Friday, November 30, 2018

IPO ANALYSIS : SoftBank Group Corp (Wireless unit) - Invest

Image result for softbank wireless

Issue Details :

Issue opens
Dec 10, 2018
Issue size
$ 21 billions
Trading to start on
$ 13.23 (indicative)
Business (wireless unit)
SoftBank’s domestic telecommunications business spans wireless, broadband and fixed-line services and its brand is widely recognized with storefronts throughout Japan
Masayoshi Son
Tokyo, Japan
Global Coordinator for the IPO
Nomura, Mizuho, Deutsche Bank, Goldman Sachs, JP Morgan and SMBC Nikko
IPO bigger than Alibaba
SoftBank’s wireless IPO is the biggest in the world. The largest so far was the $25 billion listing of Alibaba Group Holdings Ltd

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