SoftBank's US$150 billion Alibaba warchest in spotlight

By

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

Most Read Articles

ANZ's group executive of technology Gerard Florian to retire

ANZ's group executive of technology Gerard Florian to retire

How NAB unwound Teradata's 'tentacles' to decommission it

How NAB unwound Teradata's 'tentacles' to decommission it

NAB approved to use serverless in data environment

NAB approved to use serverless in data environment

NAB brings Pete Steel into new digital, data and AI exec role

NAB brings Pete Steel into new digital, data and AI exec role

Log In

  |  Forgot your password?