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Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (4087)2/24/2000 3:30:00 AM
From: Labrador  Respond to of 6018
 
Softbank Corp rose 5.73 percent to 166,000 yen. Softbank is heavily invested in e-commerce and Internet ventures, some of which are listed on Nasdaq.

The company has also been dominating headlines on an expected takeover by a Softbank-led consortium of failed Nippon Credit Bank (NBC).

Sources close to the deal said Softbank will win an official go-ahead later on Thursday. The takeover would mark the first case of a non-financial firm fully entering the banking sector.

biz.yahoo.com