Home › Sinch raises SEK 3.3 bln in share sale, Softbank takes 10% stake
 

Keywords :   


Sinch raises SEK 3.3 bln in share sale, Softbank takes 10% stake

2020-12-01 12:35:00| Telecompaper Headlines

(Telecompaper) Swedish provider of cloud communications for mobile customer engagement Sinch said Softbank subsidiary SB Management will own approximately 10.1 percent of the company following a share issue and sell-down by larger shareholders of existing stock. Proceeds from the issue will be used to support potential acquisitions, a strategy that has the backing of SB Management.

Tags: share sale takes raises

Category:Telecommunications

Latest from this category

All news
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
28.11Modern IT Service Management is Transforming Managed Services. Heres how. (Part 1)
25.11Is Your AI Operation Achieving Long-Term, Sustainable Growth?
21.11Strengthening Healthcare Operations Through Cyber Resilience
Telecommunications »
05.12Martin Lewis on what people misunderstand about credit scores
05.12Martin Lewis on what people misunderstand about credit scores
05.12Elon Musk's X fined 120m over 'deceptive' blue ticks
05.12EACR Inc Allentown Expands Commercial Solar Panel Recycling Services Across the East Coast
05.12This Week in Waste: Top Stories Dec 1 - Dec 4
05.12Barriers beyond tariffs
05.12Toledo, OH Negotiating with Two Companies for Waste, Recycling Collection
05.12Cattle markets eye recovery after political selloff
More »