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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

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.

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