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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Tulvio Durand who wrote (47302)1/26/2001 12:35:54 PM
From: bambs  Respond to of 77400
 
speaking of Asia,

economist.com

Bambs



To: Tulvio Durand who wrote (47302)1/26/2001 12:52:43 PM
From: Stock Farmer  Read Replies (1) | Respond to of 77400
 
The 475 $M is in consideration of Softbank's 12% holding in CSCO KK (275 M$) and 1.65% of Softbank (200 M$). Option to increase investments to 1.05 B$ depending on returns from softbank's venture fund.

Full article here: siliconinvestor.com

Another way to read it: CSCO bought out Softbank's ownership of CSCO KK and the terms of the sale are cash & equity investment in Softbank.

John.