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    Home > Chemicals Industry > International Chemical > SoftBank intends to work with Nomura Holdings to promote the IPO of the company's Japanese telecommunications business

    SoftBank intends to work with Nomura Holdings to promote the IPO of the company's Japanese telecommunications business

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    According to foreign media reports, SoftBank Group is working with Nomura Holdings to promote the IPO (initial public offering)
    of SoftBank Japan's telecom business.
    According to reports, the IPO may raise more than 2 trillion yen ($19 billion), and preparations are still in the early stages
    .

    The report quoted people familiar with the matter as saying that SoftBank plans to sell most of the shares issued by the IPO to a group
    of individuals in Japan.
    Nomura currently advises on the IPO of SoftBank's telecommunications business, including equity issuance strategy, corporate governance, and various documents
    required for listing on the Tokyo Stock Exchange.
    So far, SoftBank has not signed a formal issuance cooperation agreement
    with Nomura Holdings.

    However, industry insiders said that helping SoftBank plan IPO-related matters from the early stage also laid the foundation
    for Nomura to win the underwriter qualification in the future.
    Of course, Nomura will also face challenges from some other large investment banks, such as Goldman Sachs
    .

    SoftBank revealed in January that it was considering an IPO for its telecommunications business unit, which it intends to raise $18 billion
    .
    In early February, SoftBank confirmed plans to make its Japanese telecom business public, a move that helped separate telecom and investment divisions
    .

    SoftBank has long relied on domestic telecommunications business, which accounts for 1/3 of the company's total sales and 2/3
    of the company's total profits.

    According to the Nikkei website, the IPO is expected to raise 2 trillion yen ($19 billion).

    SoftBank may file IPO applications
    on Tokyo, London and other overseas stock exchanges.

    According to previous reports, after the IPO financing, 30% of the funds will be given to the telecom business unit, and the remaining 70% will be held
    by SoftBank.
    As a result, SoftBank will still control its telecommunications business unit
    after the IPO.

    According to previous reports by British media, SoftBank has selected two underwriters, namely Citigroup of the United States and Mizuho Bank of Japan
    .

    According to foreign media reports, SoftBank Group is working with Nomura Holdings to promote the IPO (initial public offering)
    of SoftBank Japan's telecom business.
    According to reports, the IPO may raise more than 2 trillion yen ($19 billion), and preparations are still in the early stages
    .

    SoftBank

    The report quoted people familiar with the matter as saying that SoftBank plans to sell most of the shares issued by the IPO to a group
    of individuals in Japan.
    Nomura currently advises on the IPO of SoftBank's telecommunications business, including equity issuance strategy, corporate governance, and various documents
    required for listing on the Tokyo Stock Exchange.
    So far, SoftBank has not signed a formal issuance cooperation agreement
    with Nomura Holdings.

    However, industry insiders said that helping SoftBank plan IPO-related matters from the early stage also laid the foundation
    for Nomura to win the underwriter qualification in the future.
    Of course, Nomura will also face challenges from some other large investment banks, such as Goldman Sachs
    .

    SoftBank revealed in January that it was considering an IPO for its telecommunications business unit, which it intends to raise $18 billion
    .
    In early February, SoftBank confirmed plans to make its Japanese telecom business public, a move that helped separate telecom and investment divisions
    .

    SoftBank has long relied on domestic telecommunications business, which accounts for 1/3 of the company's total sales and 2/3
    of the company's total profits.

    According to the Nikkei website, the IPO is expected to raise 2 trillion yen ($19 billion).

    SoftBank may file IPO applications
    on Tokyo, London and other overseas stock exchanges.

    According to previous reports, after the IPO financing, 30% of the funds will be given to the telecom business unit, and the remaining 70% will be held
    by SoftBank.
    As a result, SoftBank will still control its telecommunications business unit
    after the IPO.

    According to previous reports by British media, SoftBank has selected two underwriters, namely Citigroup of the United States and Mizuho Bank of Japan
    .

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