SoftBank raises $4.8 billion from T-Mobile block trade, term sheet shows
ReutersJun 17, 2025 1:36 AM
SYDNEY, June 17 (Reuters) - Japan's SoftBank 9984.T has raised $4.8 billion from a sale of 21.5 million T-Mobile TMUS.O shares at $224 each, according to a term sheet reviewed by Reuters.
The shares were offered in a price range of $224 to $228 each, the term sheet said, a discount to T-Mobile's closing price on Monday of $230.99.
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