Japan's SoftBank Close To IPO

SoftBank Group Corp has won approval to conduct a 2.4 trillion yen ($21.04 billion) initial public offering (IPO) of its domestic telecoms business.
Business Insider reports it's a deal that will seal the group’s transformation into a top global technology investor.
The IPO will be one of the biggest ever worldwide.
The IPO will provide the group with funds to pay down debt.