SoftBank's US$150 billion Alibaba warchest in spotlight

By
Follow google news

A stock and a hard place.

SoftBank's US$150 billion Alibaba warchest in spotlight
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 ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

IAG prepares integration engineering for AI

IAG prepares integration engineering for AI

Australian Unity's 'shift left' on code quality and security is just in time for AI

Australian Unity's 'shift left' on code quality and security is just in time for AI

Westpac Intelligence Layer breaks cover

Westpac Intelligence Layer breaks cover

Suncorp creates a "clear execution roadmap" for agentic AI

Suncorp creates a "clear execution roadmap" for agentic AI

Log In

  |  Forgot your password?