FilingReader Intelligence

SoftBank subsidiary LY Corp to launch tender offer

May 7, 2025 at 12:02 PM UTC•By FilingReader AI

SoftBank Group Corp (TSE:9984) announced that its subsidiary, LY Corporation (LY), will launch a tender offer to acquire its own shares, according to a board of directors meeting held on May 7, 2025. A Holdings Corporation (AHD), another SBG subsidiary and owner of 62.45% of LY's shares, has agreed to tender a portion of its LY common shares in the offer. AHD will tender 175,750,470 shares at JPY533 per share.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Acquisition of Own Shares and Commencement of Tender Offer by a Subsidiary and Submission of Tender by SubsidiaryMay 7, 2025 at 06:30 AM UTC

Supplementary Source Documents

Acquisition of treasury stock by our subsidiary (LINE Yahoo Japan Corporation) and tender offer for treasury stock by our subsidiary (A Holdings Corporation)May 7, 2025 at 06:33 AM UTC

Softbank Group Corp

TSE:9984•Tokyo Stock Exchange

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