SoftBank unit marks Japan's largest-ever IPO, but sinks 10 percent [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
KAZUHIRO NOGI | AFP | Getty Images SoftBank Corp President and CEO Ken Miyauchi rings the bell during a ceremony for the company's listing at the Tokyo Stock Exchange on December 19, 2018. Shares of SoftBank Corp — Japan's biggest-ever IPO and one of the world's largest — fell more than 10 percent on its market debut Wednesday, after opening 6.40 percent lower. The company is the mobile unit of billionaire Masayoshi Son's SoftBank Group holding company, which includes U.S. telecoms company Sprint . The group also holds significant stakes in Yahoo Japan and Chinese e-commerce giant Alibaba Group . SoftBank Corp raised 2.65 trillion yen ($23.5 billion) after pricing the offering at 1,500 yen a share and increased the amount of stock sold by 160 million shares in a response to strong demand, Reuters reported. That makes it Japan's biggest IPO and just below Alibaba's record $25 billion listing on Wall Street in 2014, according to Re
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- CMCSA's page on the SEC website