SoftBank chooses five banks, including Nomura, Goldman, to lead mobile unit IPO

SoftBank chooses five banks, including Nomura, Goldman, to lead mobile unit IPO

Photo: Bloomberg

SoftBank Group Corp has chosen five investment banks, including units of Nomura Holdings Inc and Goldman Sachs, aslead underwriters for the mammoth initial public offering of its mobile-phone unit, a person with direct knowledge of the matter said on Friday.

The other institutions are Mizuho Financial Group Inc, Deutsche Bank AG and the SMBC Nikko Securities Inc unit of Sumitomo Mitsui Financial Group Inc, the source told Reuters, on condition of anonymity as the deal is not public.

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