Subsidiary (SoftBank Corp., Securities Code: 9434) to Undertake a Tender Offer for the Common Shares etc. of SB Technology Corp. (Securities Code: 4726)
SoftBank Group Corp. (“SBG”) announced today that on April 25, 2024, its subsidiary SoftBank Corp. (“SoftBank”) has resolved to conduct a tender offer for the common shares and the stock acquisition rights of SB Technology Corp., a subsidiary of SoftBank and SBG, pursuant to the Financial Instruments and Exchange Act (Act No. 25 of 1948; as amended). Please refer to Attachment for details.
Overview of SoftBank
| Location | 1-7-1 Kaigan, Minato-ku, Tokyo |
|---|---|
| Name and title of representative | Junichi Miyakawa, President & CEO |
| Main business | Provision of mobile communications services, sale of mobile devices, provision of fixed-line telecommunications and ISP services |
| Share capital | JPY 210,523 million (as of December 31, 2023) |
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