Japan’s Softbank plunges 17 percent on Sprint takeover talks
TOKYO–Shares in Japanese mobile carrier Softbank plunged nearly 17 percent by Friday’s close on concerns about the size of a possible multi-billion-dollar takeover of US giant Sprint Nextel.
Softbank, Japan’s third-biggest mobile carrier, slumped 16.86 percent to 2,395 yen on the Tokyo Stock Exchange.
Your subscription could not be saved. Please try again.
Your subscription has been successful.
EDITORS' PICK
