SoftBank plans Nvidia stake sale soon, could make about $3 billion – Bloomberg

Industry:    2018-12-12

SoftBank Group Corp (9984.T) is planning to sell its stake in Nvidia Corp (NVDA.O) early next year as the U.S. chipmaker’s shares slide, Bloomberg reported, citing people familiar with the matter.

The Japanese company could make about $3 billion in profit from the transaction, the report said.

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