We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| T Mobile US Inc | NASDAQ:TMUS | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 164.60 | 164.64 | 165.45 | 0 | 11:37:16 |
From May 2021 to May 2024
By Kosaku Narioka
SoftBank Group Corp. said Tuesday that it agreed on a strategic partnership and an equity share swap with Deutsche Telekom AG in a move that would diversify its exposure in Europe.
The Japanese technology and investment company said it would receive 225 million new shares in the German telecom company in exchange for about 45 million T-Mobile US shares it held, and that Deutsche Telekom also intended to acquire another 20 million T-Mobile US shares from SoftBank.
SoftBank said it would hold a 4.5% stake in Deutsche Telekom and become its second-largest private shareholder and intends to have board representation, and that it would retain a 3.3% equity stake in the U.S. mobile company.
Under the strategic partnership, SoftBank portfolio companies will gain access to Deutsche Telekom's customers across Europe and in the U.S.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
September 07, 2021 02:22 ET (06:22 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year T Mobile US Chart |
1 Month T Mobile US Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
