General Announcement::Completion of Sale of All Shares in Subsidiary Brightstar Global Group Inc.

Issuer & Securities

Issuer/ Manager
SOFTBANK GROUP CORP.
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
23-Oct-2020 08:41:26
Status
New
Announcement Sub Title
Completion of Sale of All Shares in Subsidiary Brightstar Global Group Inc.
Announcement Reference
SG201023OTHRWSRT
Submitted By (Co./ Ind. Name)
Yotaro Agari
Designation
Global Head of Investor Relations
Description (Please provide a detailed description of the event in the box below)
SoftBank Group Corp. (SBG) announced the completion on October 22, 2020 (U.S. time) of the sale of all of its shares in wholly owned subsidiary Brightstar Global Group Inc. (BGG), which is held through its wholly owned subsidiary (the Transaction), as announced in Sale of All Shares in Subsidiary Brightstar Global Group Inc. dated September 18, 2020. Upon completion of the Transaction, as of October 22, 2020, BGG and its wholly owned subsidiary Brightstar Corp. ceased to be subsidiaries of SBG and are no longer consolidated into SBG s financial results.

Attachments

SBG2020102302.pdf
Total size =103K