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SoftBank Plans $9 Billion Buyback After Portfolio Losses
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Atul Goyal, senior analyst at Jefferies, discusses the prospects for SoftBank Group Corp. Billionaire founder Masayoshi Son said SoftBank will buy back as much as 1 trillion yen ($8.8 billion) of its stock after a decline in the value of its portfolio companies led to a record loss in its Vision Fund investment unit. Goyal speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
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