Takahiko Hyuga

SoftBank IPO said to generate 2-3 times demand from large investors

Foreign investors sought more than three times as many shares than were for sale, while Japanese institutional demand reflected a bid-to-cover ratio of about two by the end of bookbuilding a week ago.

SoftBank’s telecom unit IPO shares said to be fully subscribed, raising over $23b

Including an over allotment of about 160 million shares, SoftBank is selling a total of roughly 1.76 billion shares in the telecoms business.

SoftBank’s blockbuster IPO said to achieve $21b retail sales target

The issuer’s strong brand, high dividend payout, and a plan to split the lots to make the shares accessible to more people, helped to fuel demand.

Goldman Sachs investing in Japanese startup TBM Co that makes paper from stones

The investment is part of a renewed push by Goldman Sachs to seek out and back potential Japanese unicorns that can compete globally with their technology while being environmentally responsible.

Nomura, Daiwa to lead sales push for SoftBank IPO, Japan’s biggest offering

Nomura Holdings Inc and Daiwa Securities Group Inc will lead the sales effort for Japan’s biggest initial public offering ever, the sale of stock in SoftBank Group Corp’s domestic wireless operation.

SoftBank’s mobile unit IPO said to raise $18b from retail investors

Tokyo-based SoftBank will announce the details for the debut sale as early as next week.

SoftBank IPO banks said to commit to $9b Vision Fund loan

The almost $100 billion Vision Fund has holdings in companies including ARM Holdings Plc, Uber Technologies Inc., WeWork Cos., Slack Technologies Inc. and General Motors Co.’s self-driving car unit.

Deutsche Bank’s top Japanese deal-maker, COO said to have quit

Keisuke Sueyoshi, 46, head of M&A in Tokyo, will depart later this year to join a competitor while Japan COO Bret Dandoy, 54, retired at the end of August.

SoftBank said to seek loans from banks pitching for IPO of wireless unit

SoftBank Group Corp. has told potential underwriters seeking a large role in the blockbuster IPO of its Japanese wireless unit that they should offer to lend to other parts of the parent company’s empire

SoftBank weighs largest IPO ever for domestic wireless business

SoftBank Group Corp. is considering seeking a valuation of about $90 billion for its domestic wireless business in a planned initial public offering.