Concerning Media Reports on the Sale of Aozora Bank SharesMay 13, 2002
Some media today carried reports that our company would “sell shares in Aozora Bank,Ltd. and find a buyer in the next month at the earliest.”
It is a fact that, as SOFTBANK CORP. works to improve its finances, it has been selling assets and buying and writing off unsecured ordinary bonds with the aim of selecting and focusing its businesses. Nevertheless, none of the specific details of the matter reported in some of the media has yet been decided.
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