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SoftBank says selling $1.1 billion of Alibaba shares

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Reuters TOKYO

TOKYO (Reuters) - Japanese telecoms and internet conglomerate SoftBank said on Friday it was selling $1.1 billion worth of shares in Alibaba, bringing the total value of its planned divestment to $10 billion.

(Reporting by Ritsuko Ando; Editing by Nick Macfie)

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First Published: Jun 03 2016 | 7:08 PM IST

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