SoftBank's US$150 billion Alibaba warchest in spotlight

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SoftBank's US$150 billion Alibaba warchest in spotlight

A stock and a hard place.

SoftBank CEO Masayoshi Son threw cold water on Wednesday on the idea of cutting his firm's US$150 billion (A$223 billion) stake in e-commerce giant Alibaba, after prominent activist investor Elliott Management called for big buybacks. The emergence of New York-based Elliott as a SoftBank ...

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