SoftBank to buy $2b of Yahoo Japan shares from Altaba

SoftBank
Pedestrians walk past a SoftBank Group Corp. store in Tokyo, Japan. Photographer: Tomohiro Ohsumi

SoftBank Group Corp said on Tuesday that its unit SoftBank Corp would buy 221 billion yen ($2 billion) worth of shares in Yahoo Japan Corp, a 10.78 percent stake, held by U.S. investment firm Altaba Inc.

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