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SoftBank to unload stake in Swedish cloud computing provider Sinch - Nikkei Asia

Nikkei Asia LogoNikkei Asia4 mo ago

SoftBank to unload stake in Swedish cloud computing provider Sinch - Nikkei Asia - Nikkei Asia

Quick Summary:

SoftBank Group's headquarters in Tokyo.

Investment company Neqst D2 will hold about 18.6% of Sinch's outstanding stake at the completion of the sale, Sinch added.

Softbank will sell its 5% stake to Sinch's chief executive, Johan Hedberg, and its largest shareholder, Neqst D2.


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SoftBank to unload stake in Swedish cloud computing provider Sinch - Nikkei Asia - Nikkei Asia (Picture 1)

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Article Details

Author / Journalist: Staff Writer

Category: InvestingFinanceAsia

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-29 @ 19:08:00 (4 months ago)

News Timezone: GMT +9:00

Ranking: #42 (out of 3347 stories this day)

News Source URL: asia.nikkei.com

Language: English

Article Length: 154 words

Reading Time: 1 minutes read

Sentences: 8 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Nikkei Asia

News ID: 625314

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About Nikkei Asia

Nikkei Asia Logo

Main Topics: InvestingFinanceBusiness

Official Website: asia.nikkei.com

Update Frequency: 15 posts per day

Year Established: 1876

Headquarters: Japan

News Last Updated: 9 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +9:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #19

Publisher Details

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The story "SoftBank to unload stake in Swedish cloud computing provider Sinch - Nikkei Asia" was covered 4 months ago by Nikkei Asia, a news publisher based in Japan.

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  • News ID: #625314
  • URL: https://beamstart.com/news/softbank-to-unload-stake-in-16644791599868

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