SoftBank Group Corp's estimate it will post a record US$13 billion full-year loss, dragged down by its spluttering US$100 billion Vision Fund, ...
TOKYO: SoftBank Group Corp's estimate it will post a record US$13 billion full-year loss, dragged down by its spluttering US$100 billion Vision Fund, has renewed attention on a planned asset sell-down aimed at raising cash and restoring confidence.
While domestic carrier SoftBank Corp is seen as a possible target, SoftBank is dependent on its dividends for cash flow, leaving its stake in Alibaba Group Holding Ltd the most likely to be sold down or monetized, UBS analyst Kei Takahashi wrote in a client note.
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