SoftBank To Book $34 Billion Gain From Alibaba Shares
![SoftBank To Book $34 Billion Gain From Alibaba Shares](https://indiavisionnews.com/wp-content/uploads/https://c.ndtvimg.com/2020-07/heqtqiig_softbank650_625x300_29_July_20.jpg)
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![SoftBank To Book $34 Billion Gain From Alibaba Shares SoftBank To Book $34 Billion Gain From Alibaba Shares](https://c.ndtvimg.com/2020-07/heqtqiig_softbank650_625x300_29_July_20.jpg)
Tokyo:
SoftBank Group Corp on Wednesday said it will book a gain of 4.6 trillion yen ($34.08 billion) after settling prepaid forward contracts using shares in Alibaba Group Holding, reducing its stake to 14.6% from 23.7%.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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