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Softbank to buy Japan Telecom from Ripplewood for 340 bil. yen

Softbank to buy Japan Telecom from Ripplewood for 340 bil. yen

TOKYO, Japan - (From L to R) Ripplewood Holdings, LLC CEO Timothy Collins, Softbank Corp. President Masayoshi Son and Japan Telecom Co. President Hideki Kurashige shake hands at a Tokyo hotel on May 27 after Softbank announced the same day it will buy Japan Telecom from U.S. investment fund Ripplewood for about 340 billion yen in the fall.

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Softbank to buy Japan Telecom from Ripplewood for 340 bil. yen

Softbank to buy Japan Telecom from Ripplewood for 340 bil. yen

TOKYO, Japan - (From L to R) Ripplewood Holdings, LLC CEO Timothy Collins, Softbank Corp. President Masayoshi Son and Japan Telecom Co. President Hideki Kurashige shake hands at a Tokyo hotel on May 27 after Softbank announced the same day it will buy Japan Telecom from U.S. investment fund Ripplewood for about 340 billion yen in the fall. (Kyodo)

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