je.st
news
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 |
||||||||||||||||||||
|
|
||||||||||||||||||||