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SoftBank in Talks to Sell T-Cell 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. The German…
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SoftBank in Talks to Sell T-Cell Shares to Deutsche Telekom

SoftBank Community Corp. is in talks to sell an even portion of its T-Cell US Inc. stake to controlling shareholder Deutsche Telekom AG because the Jap technology conglomerate scrambles to make your mind up on funds.

The transaction, if completed, would boost Deutsche Telekom’s almost-44% stake in T-Cell above 50%, in accordance with of us accustomed to the matter. The German firm already has voting control of the U.S. cell-phone huge below a prior settlement with SoftBank, which lately held almost 25% of T-Cell’s current stock,…

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