Asset Management

SoftBank plans to seek buyers for about $20bn T-Mobile shares

Banks including Morgan Stanley and Goldman Sachs are working to round up investors for what would be one of the largest stock trades in market history

SoftBank Group plans to seek buyers for about $20bn of its shares in T-Mobile US as the Japanese technology conglomerate takes steps to pare a years-long investment in the US mobile phone sector.

Banks including Morgan Stanley and Goldman Sachs are working to round up investors for what would be one of the largest stock trades in market history, according to people familiar with the matter.

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