SoftBank shares sag after satellite investment collapses

OneWeb's bankruptcy filing puts tech group's unlisted assets under fresh scrutiny

2020330 SoftBank OneWeb

The bankruptcy filing by U.K.-based satellite operator OneWeb on March 27 hit SoftBank hard. The Japanese technology group had invested some $1.9 billion in OneWeb and owned nearly 40% of its shares. (Nikkei Montage/ Source photo by Reuters) 

WATARU SUZUKI, Nikkei staff writer

TOKYO -- SoftBank Group's share price rally ended abruptly on Monday after the collapse of one of its investments raised fresh worries over the quality of the technology group's assets.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.