TOKYO -- SoftBank Group on Monday said it will receive a $4 billion dividend from its U.K. subsidiary, SoftBank Group Capital Limited.
A spokesperson said the transaction is part of the group's cash-management policy.
SoftBank
SoftBank to receive $4bn dividend from UK subsidiary
Payout comes after sales of overseas holdings
SoftBank Group Capital Limited sold some of its holdings over the past year, such as shares in U.S. telecommunications company T-Mobile. © Reuters
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