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asia

SoftBank’s Earnings Continue to Recover on Investment Gains

By
Juro Osawa
· · Source: The Information

SoftBank said it swung to a net profit of $6 billion in the quarter through September thanks to investment gains from the $100 billion Vision Fund and its much smaller successor, the Vision Fund 2. Meanwhile, SoftBank announced that several executives, including COO Marcelo Claure and executive vice president Rajeev Misra would leave its board, in an effort to improve corporate governance by...

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