After Blockbuster IPO, SoftBank's Mobile Unit Falls 10% On Market Debut - News from all over the world

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Wednesday, December 19, 2018

After Blockbuster IPO, SoftBank's Mobile Unit Falls 10% On Market Debut

Shares in Japanese telecoms giant SoftBank's mobile unit traded well below its IPO price on Wednesday in a disappointing debut on the Tokyo stock market despite raising a record amount.

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