SoftBank tells T-Mobile US to issue 48.75M shares, worth $7.59B, to the conglomerate after the Sprint and T-Mobile merger, taking its stake from 3.75% to 7.64% (Sam Nussey/Reuters)

December 27, 2023

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Sam Nussey / Reuters:

SoftBank tells T-Mobile US to issue 48.75M shares, worth $7.59B, to the conglomerate after the Sprint and T-Mobile merger, taking its stake from 3.75% to 7.64% — SoftBank Group Corp (9984.T) said it would receive shares in telco T-Mobile US (TMUS.O) worth some $7.59 billion at no additional cost …

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