Yahoo! and Softbank hold talks for stake sale in Yahoo! Japan

摘要

Yahoo! said that it is negotiating with Japan-based mobile operator Softbank to sell its holding in Yahoo! Japan. The company stated that the stake sale would be completed over the next few weeks. Softbank currently owns 42 percent stake in Yahoo! Japan, whereas Yahoo! owns 35 percent stake; the remaining amount is listed. The value of this stake is said to be $7.5 billion.